Markets: We Are Going To Have Serious Problems

We are going to have serious problems. The American stock market has been going up almost straight up for 6 years. That is very unusual. At the same time debt has been going higher and higher all over the world and central banks have been printing a lot of money. That is not normal. When this ends, it is going to be much worse than the last time we had a big collapse in the financial markets.

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.

If This Happens, I Will Buy A Lot More Gold

Gold has not had a 50 percent correction in many, many years. That is not normal. If gold goes down 50 percent, which would be under 1,000 dollars an ounce, that is not a prediction, I am just saying if it happens, which would be normal, I will buy a lot more gold.

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.