The Reason Why Gold Sold Off

Everything is going down and you go back to previous bear markets, 2008 for instance, everything went down including gold. For a while gold went down a lot. Usually in bear markets people have to sell and they sell everything in sight including gold and that's when you buy gold. I'm gonna go buy this afternoon!

Related trading instruments: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM)

Corona Virus: Interest Rates, Money Printing

What you have in Asia and other places is, governments are panicking and they are cutting interest rates, printing money, spending money.

The United States is probably going to do that too if they get more and more panicked. if you start seeing cases in New York or Los Angeles or places where the media is. Then they're gonna cut interest rates, they're gonna spend more money and print more money and that might lead to the last big blow off rally.

How To Navigate This Sell-Off

Jim Rogers talks with Kitco News and tells traders and investors how to navigate this major sell-off in the markets.

"Living in Asia, yes, the shops are empty, yes, the restaurants are empty because everybody's in panic but very few people are sick." - Jim Rogers


"The virus, more or less is peaking.  Certainly in China. Because they took draconian measures. They closed the whole place down which you probably couldn't do in most countries but they did it. So, it's it's in decline,  it's in decline in Asia but still the effects are going on planes or restaurants or empty hotels. There's nobody there so it's having an effect." - Jim Rogers

U.S. Debt: Who Is Buying?

As long as America has higher interest rates than other countries, investors that need to buy debt will. Those are the facts and people who are yield hungry are buying US government debt.

Virus Outbreak: Companies Will Not Leave China

Investor Jim Rogers say that companies won't be leaving China because of the corona virus outbreak. - CGTN Global Business

The Bull Case For Commodities

I own commodities because normally one of there's a lot of money printing you protect yourself by owning real assets whether it's silver or rice or whatever it happens to be because if the world economy gets better commodity should do better because of shortages if the world economy doesn't do better then they'll print more money.

This Rally Is Based On Money Printing

It's the first time in recorded history where you have all major central banks printing money at the same time. 

The Japanese said in December, "We will print unlimited amounts of money", that's their word, unlimited. The American central banks said, we can print more too. Then the English said, "Well we will print more!" and Europeans are printing more too. 

This has never happened before. Obviously there's an artificial something going on because it's all based on printed money, staggering amounts of money printing.  This is going to end very badly!