The first in the new The Dollar Vigilante (TDV) interview series, Jeff interviews famous author and investor Jim Rogers, topics include: money printing, rising tide of liquidity, its going to end badly, all major countries debasing their currency, people flocking to US dollar seeking safe haven, US dollar not a safe haven, debt has risen dramatically since 2008, the Euro was badly implemented, expatriation, the future is Asia, FATCA, this is a time for caution...
Jim Rogers official site: http://www.jimrogers.com/
Jim Rogers blog: http://jimrogers-investments.blogspot.mx/
Adventure Capitalist : http://www.amazon.com/Adventure-Capitalist-Ultimate-Road-Trip/dp/0812967267
The Dollar Vigilante: http://dollarvigilante.com/
Excellent interview. I have read some articles on Bloomberg and CNBC this year where the economists quoted believed the economy in the United States was fundamentally strong. If their criteria for a "fundamentally strong economy" is low wage sector job growth, massive amounts of corporate share buybacks(March was the third strongest month ever for share buybacks), credit expansion, high margin debt, and rising real estate prices in the Hamptons, it would be difficult to disagree with them.
The great unapologetic capitalist Jim Rogers!
The Canadian dollar looks cheap; should do well during the last leg of the secular commodities bull market, that and the housing market collapse there should spur deflation.
I have never seen Jim Rogers so direct in any interview. Reading between the lines he is expecting imminent problems. In the past, he never speculated on when things would go down, but know his tune has changed. That in and of itself says a lot.
+JinGwee Yes, exactly. I was only referring to the fact that some of them directly sell gold through their businesses. But that doesn't necessarily mean they're wrong nor does it take really anything away from the message they are spreading.
+Dio Genes it is real because it happens. Whether i agree or not is immaterial. When i say jim is a realist rather than idealist, i mean he says things like "markets always correct 50-70% in the course of its bull market (historically!)" instead of things like "gold will skyrocket this year".
Realist vs idealist.
+JinGwee I certainly do my best to think for myself, but these guys certainly have opened my eyes to a lot of investments I had never considered before. It is certainly refreshing when you listen to their interviews that many of them (not all) often tell you NOT to listen to them, but to do your own research and think independently. That is also a nice thing to hear. I think there's definitely a conflict of interest at times because many of the financial pundits out there (including those listed above) are selling something. Still, it's always good to learn!
It is only real to you because you agree with their long term calls.
The Climate Change crowd have their reality, and deniers are unbelievably unrealistic to them. It's not real to me. Austrian economics are real to me, but not to Obama. Even when the dollar and it's collateral social rights payments turn to dust, he and his crowd will still agree that it was their enemies who caused it to happen.
He's probably not going to renounce US citizenship because of the exit tax and putting him on the IRS radar, also they would probably ban him from visiting the US ever again. Politicians lash out and get extremely angry when people just walk away from them, so best to fly under the radar.
How to become bitcoin trader? Exactly like Bitcoin, multiple digital currencies exist in the marketplace. So if you prefer to buy a few other currencies which aren`t available on Indian Exchange than you can utilize Bittrex. All you have to do is locate an exchange that you favor. Cryptocurrency exchanges have a massive potential to modify peoples minds and opinions concerning cryptocurrencies generally speaking and their application in actual life. So even in the event the exchange is attacked, its still true that you have your money. Furthermore, the exchanges prepare each and every industry for Bitcoin expansion. Existing stock exchanges will also compete to be able to fulfill the users configuration requirements. Sooner or later later on, the prices will grow more equal, meeting somewhere in the middleyour profit is equivalent to the quantity of convergence. No matter how far it is from Kijun, it is likely to return and test that level at some point. The amount of bitcoin is perpetually changing. In the US, it is 1000 USD. Whats even better, seek the services of a seasoned lawyer or at least ask for an in depth consultation. So youve read the newspaper about the meteoric growth of crypto currencies including Bitcoin or Ripple. Then coming up with 1000s of exchange rates simply to go out and get groceries is nearly impossible. Many cities around the world provide a bitcoin ATM where you are able to trade cash for bitcoin. The cryptocurrency world isn`t efficient.