Jim Rogers & Chris Waltzek – Audio Interview

from Radio Gold Seek Summary: Jim Rogers wrote of the Swiss currency swoon 2 years in advance The financial legend warns that central bankers are ill prepared to manage the highly complex markets Printing mountains of currency merely increases the debt burden to current / future generations. Even gold bears require gold and silver portfolio insurance amid increasing market volatility. Jim Rogers recently added gold mining companies to his portfolio. The crude oil implosion may be presenting a investment opportunity LISTEN HERE>>> The super-investor is also watching Russia, China, Japan and the agricultural sector for investment opportunities. Jim Rogers wrote of the Swiss currency swoon 2 years in advance, in his bestsellerStreet Smarts. The financial legend warns that central bankers are ill prepared to manage the highly complex markets, despite their impressive credentials. Printing mountains of currency merely increases the debt burden to current / future generations – the short-term expansion comes at the expense of a long-term contraction. Economic history reveals the most productive way to cope with excessive debt – allow overextended institutions to file for bankruptcy, clearing the system, resetting the economy, encouraging and facilitating the next decade of economic expansion. Even gold bears require gold and silver portfolio insurance as a safe haven amid increasing market volatility. Jim Rogers recently expanded his portfolio via an investment in gold mining companies. The crude oil implosion may be presenting a investment opportunity (when price eventually finds a floor) given robust global energy demand. The super-investor is also watching Russia, China, Japan and the agricultural sector for investment opportunities. LISTEN HERE>>>

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