Yes, we are entering a period of very bad financial markets, most financial markets. There will be times when central banks will get scared and panic and try to make the markets rally, and they will rally. But basically I am afraid the next couple of years are going to be bad for financial markets.
(iShares MSCI Emerging Markets Index ETF (EEM), SPDR S&P 500 ETF Trust (SPY), Market Vector Russia ETF Trust (RSX), SPDR Dow Jones Industrial Average ETF (DIA))
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.