The Next U.S. President

Whoever is elected President, even if Mother Teresa is elected President, the debt will keep going through the roof. Unfortunately it can happen because they can continue to debase the currency. You may have a pension coming to you of 1,000 dollars a month, you are going to get your pension but in worthless money. And they will pay their debt in worthless money. (SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV), U.S. Dollar)

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.

I Cannot Imagine Buying Bonds Anywhere In The World

I am short junk bonds and I would not buy bonds, I cannot imagine unless it is a very special situation. I cannot imagine buying bonds anywhere in the world except maybe for short term Russian bonds just because the yield is so high. But I cannot imagine buying bonds anywhere.

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.