The U.S. Economy Is Heading For A Recession

I know it is heading for a recession, some parts of the U.S. are already having problems. Iff you look at the payrolls taxes paid, they are already flat year over year. Do not pay attention to the Governments`s numbers, pay attention to the real numbers.

The U.S Economy is already sliding into softer times. The World is too. Japan is already in recession. Many European countries are in recession, Russia, lots of places are having trouble already. (Market Vector Russia ETF Trust (RSX), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Dax Index)

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.

Forex Markets: EURUSD Will Go Below 1.0000

The EURUSD will go below 1.0000, there is no question about it. When the turmoil comes and some of the turmoil will come from Europe because some European countries have problems and the ECB will print a lot more. That will make things much, much worse. If you have people starting pulling out, say Greece pulls out, say Great Britain pulls out, then people will start panicking about the Euro, they dump the Euro and the U.S. Dollar goes higher. 

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.