Jim Rogers I will continue to buy gold but i prefer silver

[THERollyboy123]

Sit at home and make more money in 15 minutes than most make in a week. Come visit my website, just google Gold Trading Academy to learn more.

[TheDigitalWeb]

We can't refinance our home because we're "not in trouble"? WTF! We can't reduce our interest rate to 4% from 6.25, because the greedy BASTARDS on Wall Street & Capitol Hill need their F()@%!&G Prostitution Money! O'Bahahahahama is LIAR! The WHOLE financial system is corrupt, and run by sickening, rotten to the core creatures that call themselves human beings. They're not worth the air they breathe. I wouldn't piss on them if they were on fire!

[zedzeder1]

When he says that he's going to invest in agriculture... what does he mean?

[ezrhino100]

wow. jim says there's hyperinflation! gold is good! no wonder he's a billionaire.

[EarnFreeSilver]

Wow. He says he is going to make more in agriculture and silver. What does that say for the state of US affairs. i understand silver. But think about agriculture. That means he is thinking that FOOD is going to be a great investment - meaning food may be scarce in the near future WORLDWIDE. Kind of confirms some scary sh**. Better have something besides dollars to buy that food.

[girard1973]

What is it with us? First we listen to a bunch of clowns disguised in business suits. Now we listen to one of those clowns that forgot to change his tie. And shirt!

[planetcave]

Get a job and produce something you worthless parasite. The fall of Capitalism has more to do with the likes of Jim Rogers than anything else. Now he's hanging out in this part of the world infecting the hard-working Asians with his speculative garbage. Saving, investing and building is quite different than speculating.

[ceylous3121]

you cant print gold or silver.. sure it can be mined but its a lengthy and time consuming process. I'm personally buying silver and once people cant make any money anymore selling short the dollar (carry trade) were screwed.... I can go to some stores in california and buy my groceries with silver.... cant do that with a worthless paper stock

[30percentplusreturns]

Everyone is talking about buying gold and silver but the real money will be made in stocks. You can sit around on your metal getting no dividend, but ive been buying conoco phillips and im getting paid over 4% a year to just sit on my ass as the economy recovers, and my tax bill will only be 15% unlike 28% for precious metals. Also, gold spikes up then crashes. Most people buy gold, it runs up, they dont sell, runs up more, they still dont sell, then it crashes, and they sell. Why play that game

[karenbcz22]

yeah, but what are you gonna do if the stock market crashes and COP goes back to $35?

[avalanceinfo]

let`s make clear two things: speculating- inveting for short periods of time and investing for a long term creating your own pension system.

Its quite sure that you can make more money in short time by speculating in stock market and if someday you lose all - its not gonna be a miracle its a quite common thing whan you talk about stocks. On the other hand gold and silver never loose its value to zero, never bunkrupt. So everything depends on ratio of risk/profit and what goals you wanna achieve.

[freemarket11]

The time to stand up is now...

Calling all patriots!

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August 20th.. Million Dollar Money Bomb

Sign up here: RunRandRun. com

[theinstantvincent]

Anyway, I will vote Ron again, but it's a shame that all of the states won't put him on the ballot.

[ForTehNguyen]

I bought about 20+ lbs of franklin half dollars using 8% cashback on Bing ha ha ah, fun to stockpile, and is a more practical denomination for basic transactions.

[ncurran1987]

Where can you buy silver bullion? Like I want to buy a kilo at a time. Where could I get it? List a few websites if possible.

[chadgresham]

apmex, and bullion direct are some of the ones that I use try them out

[jafomab]

kitco is no. 1 for everything on gold

there are many gold sites just search "buy gold bullion" they will come up but the guys who put their commentaries on kitco would be the most reliable after kitco itself

[mlndstream]

check out the spot price of 1 kilo'silver bags'too,often the premiums are lower than 1 Kilo bars,these are bags of old coins containing silver,often about 80% - 90% which is called 'junk' silver but sells according to it's silver content,so premiums are less than newly minted coins,but modern silver bullion coins often tend to hold their premium if sold online,but if you sold a coin to a bullion dealer many of them would only give you the 'buy back' price of spot silver,so be aware of this

[mlndstream]

my personal favorite way to buy silver in my country(Australia) is 1 kilo bags of 1966 50 cent round coins(their minted coins that were hoarded out of circulation due to silver value exceeding face value,not silver'rounds'which are equivalent to tiny bars).These coins have 1 Troy oz of silver per 3 coins giving a face value of $1.50 per ounce at a premium below our modern minted 1 oz 'koala' coins with a face value of $1.But Australian Bullion Company bars are the cheapest way to buy it here

[potterword]

Since Jim Rogers has associated with the likes of George Soros for many yrs, due diligence is always in order before acting on anything. Confidence manipulations are how many became billionaires.

[nevous8]

You do realize that G soros has warned people of the last 3 bubbles before they happened right? No I guess you don't.

[mlndstream]

That's interesting, where can I find his predictions for the bubbles over the coming years? what bubbles is he warning people of now?

[herbs814]

Rogers is warning of a bubble in government debt, especially US treasuries. And now that the Obama administration has violated the rights of GM and Chrysler's bondholders in order to bail out the unions, expect investor confidence in US corporate bonds to disappear as well. Get out of US debt and consider shorting.

Jeremy Siegel's book SFTLR confirms this approach with long term data as well: bonds are so horrible an investment long-term that not only should you not buy bonds, you should SHORT

[mlndstream]

that's interesting, thanks for the tip

[jzmdi493]

Jim Rogers is right, the US dollar is really crashing hard and we need to prepare now for hyperinflation. Read the articles and signup for the free newsletter at: Inflation . us

[AM429]

The Australian caller:

Isn't he touching on the subject of GLOBAL deflation but US inflation?? Trash dollars make oil go up through the distorted US system...But the Australian's commodity investments dont do anything because hes valued in Dollars.

Could this be a trend for some time to come? I don't see why commodities would get expensive in countries without runaway money printing.

[mlndstream]

Yeah the problem is that commodities are based in US dollars, and when he bought he would have bought when the AUD was bought with .60 USD even though his commodities increased in price, the AUD strengthened at the same time probably around .75 USD to buy it, so the currency moved against the caller more than the commodities went up. He could of hedged by borrowing USD to buy AUD through forex to the same value of the commodities he bought,which would have canceled out the adverse currency move

[malumalumalu]

Awesome. I'm Sri Lankan and was born and raised there so it means a lot to hear the great Jim Rogers note it as his second favorite country as of now. But I can tell you, that the potential of the LTTE and militancy to rear it's ugly head again from the rubble of defeat is very real. It can just manifest in a different form. Sri Lanka holds so much promise economically. Even during the conflict, it's GDP growth averaged 8% per year from 2002-2006.

[abstractconceit]

According to the CPM Group, the IMF gold sales has been back-burnered during the last G20 meeting. Don't look for it to happen anytime soon. Even when they do sell, it will be executed over five-years.

[elboertjie]

Who says that the IMF actually has any gold left to sell? Perhaps it is just a psychological operation to suppress the price.

[billsaintkilda]

I don't it think it matters. China India will filll the void.even if it's true.

[oc5nsli341nforce4]

For only a short time before they go bust them selves. This is a global depression and there is little that is going to prepare most before the great plunge.

[Lamarrxyz]

It would be nice if there was an ETF for Sri Lanka.

[nypdaniel]

Why is the IMF trying to sell its gold? Is it to gain liquidity to help poorer countries?

[hugolp]

Because China wants it.

[herbs814]

The more gold is sold, the lower the price of gold, the less it appears that currencies are in trouble. The bankers must sell their gold (slowly) to maintain people's faith in falling currencies.

[AM429]

why dont we all just get gold miner stocks. They are like gold times 5.

[n0us3rn4m3s4v41l4bl3]

Peter Schiff said at one point (it was on Wallstreet unspun, the show on his site) that if he were a young guy, he might recommend 100% mining stocks.

[vorotnikova]

Marc Faber and Puru Saxena are saying the metals will get cheaper some time in the summer, that would be a great opportunity to buy, not now. However, could it be the last time for a while that we get opportunity to buy metals still somewhat cheap...

[AM429]

why would metals be a bad buy now. the dollar is plummeting. international stocks are already wayy up compared to gold. Why favor the ran up stocks over the stagnant gold? It already seems low to me at 940 when the hang seng doubled this year.

[n0us3rn4m3s4v41l4bl3]

IMF close to dumping millions of tons of gold on the market. People pulled money from equities into gold. As they are seeing a rally now, they may sell gold to buy equities.

Don't think it's bad to buy now, but I wouldn't leverage it up. Gold was close to $800 just a few months ago, now it's at $940 again. No reason to think it can't go back to $700 if IMF sells and the rallies continue.

[vorotnikova]

Essentially what I think they are saying is that not that it is not a good buy, but in the summer it will be even a better buy. Maybe there is a difference of 20-10% between now and summer. I will wait out in merkfund [i.e. a fund of a basket of Asian currencies with renmimbi 70%] until summer.

[Tasadaru]

There are about 5 times more gold above ground than silver. Google Ted Butler and Mike Maloney. Buy Mike's book "Guide to Investing in Gold and Silver." The greatest gold and silver book out there.

[herbs814]

Agreed. Ted Butler is so sharp on silver fundamentals and exposing the manipulation by a small handful of banks. It is such a blessing that Ted Butler's guidance is available for free from Investment Rarities.

[mreisma]

im trying to invest in the jim rogers fund. anybody know how cuz europacific doesn't do it anymore.

[zmelli]

ETF'S  RJI,RJA, and RJZ

[john5246]

RJN for energy

[vorotnikova]

that's interesting, why would europac not do that... any ideas?

[mreisma]

not sure, they used to. it was even advertised on their site. and then a couple of months ago i asked about it and they simply said "we dont offer that anymore" i wanted in when oil was 35 bucks :(

[clearasvodka]

While silver may not reach $1,000 any time soon, I will settle for $100 silver and $2,000 gold. I think these are real possibilities by this same time in 2010.

Ratio of silver to gold prices should be 10-1 or 15-1 based on the ratio of silver to gold in the ground. But instead for some reason it is 65-1. Making this A REAL OPPORTUNITY to buy silver low today.

[JimRogersChannel]

Hey guys there were some 7 new Jim Rogers videos today , so there is no way I am going to upload them all in here ...to watch them go to my blog , if you do not already know the address it is in the description box

[Mongodelight]

silver will reach 1000 but u 1000 will probably buy you 1/5 -1/10 of what 1000 used to buy u. In fact the shit will only increase 10 times in value

[unworldlything]

I hope silver price reach $1000. hahahahahaha~

[mrzack888]

1000 USD. by that time it'll be hyperinflation.  you could do just as well having bought foreign currencies then.

[herbs814]

Foreign currencies will also fall against silver. EUR, GBP, and JPY are particularly vulnerable.