Jim Rogers on The Kudlow Report 09_05_11

[felpaluche]

thanks for uploading this video.

[lspliff85]

HAHA!! The best YouTube viewing I've ever experienced was between 2:23 min- 2:34 min. LOL :) Jim Rogers is a true Hall of Famer.

[chadberry75]

math suxs...money, worst thing ever created by man...

[doclsdc]

I read that people bought huge amounts of oil in 2008 to jack the prices up, shorted it at record highs, and then dumped their oil. Rinse Repeat. I wonder if the same thing happened with silver after May 1. I heard Soros dumped all his silver and I'm sure he shorted silver before dumping it.

[SuperAngryvoter]

This guy knows what is what. No government would dare tell it's electorate the game was up and the paper money in their pocket was worthless. The people who have been commenting in this vein on US debt for years have been marginalised and called cranks. This will all get EXTREMELY ugly. I can't see how it can be avoided either. Bush and Clinton need lynching. Obama can't be blamed. He won the election nobody wanted to win. He inherited an economy so toxic there is no known way to cleanse it.

[pdxeddie1111]

Dunno what to say other than the government is bankrupt and if they cant get loans well then theyll steal your retirement as a last ditch desperation play to shore up the dollarbut once thts gone look out below

[jasimex]

Gotta agree with JR..................

[Cyrus992]

Bernanke disliked this video



[AntiPsychopath]

WE LOVE JIM ROGERSSSSSSSSSSSSSSSSSSSSSSSSS­SSSSSS

[tothemax01]

@gete55 Silver also has a low mining cost - about $15/ounce. Also, in the days of real money, gold became the primary money used in the world because of its higher rarity (thus better logistics), amplified by its higher mining cost. Yes inflation is going to raise the prices of commodities, including precious metals. No, this doesn't mean $49 is a reasonable price _at the moment_.

[clearasvodka]

Commodity margin requirement increases should tell you enough. They don't want you investing in commodities. They want you investing in stocks and paper assets. Because everyone now knows the major currencies of world are toast and the only place to turn is gold, silver and energy. Heck, even food is a better investment than real easte or over inflated stocks. It makes me laugh when CNBC tells us all to do the EXACT opposite of what we should be doing....

[thebizop]

Google "abiotic oil"

[thebizop]

I am not convinced we are running out of oil. I believe it is a politico-corporate scam designed to keep oil prices high until we all discover the scam and other sources are economically feasible.

[StyngRay1]

So what are some of the ways Rogers is hedging his long commodity positions? Anyone have any idea?

S

[tothemax01]

@StyngRay1 He said in another video that he is short the S&P500 as his hedge.

[pretorious700]

What Larry Kudlow doesn't know could fill several libraries.

[NicosMind]

Jim Rogers is the definition of contrarian

[pretorious700]

@NicosMind That's how smart people make fortunes. No one ever got rich running with the herd.

[NicosMind]

@pretorious700 Got to love Jim for it. Been watching him for a few years now and the amount of times hes saud, "everyone's been bearish/bullish including me" has been unreal. What a great lesson to learn....

[jmagination]

@pretorious700 exactly right. Whats the old saying "Follow the crowd and get burned."

[BallaholicNo10in89]

@gete55 what difference does it maker whether you hold it physically, ownership still changes.  And yeah luck is exactly what you need when you buy silver.

[Weintraubeheld221]

Scott something

"sell dollars, buy euros"

The Euro is covered with dollar to 80% you stupid fuck. There is no one lose one win, if the crash happens, both will crash.

[stagflation2010]

Thanks for posting this video.

[wreagfe]

Word has it that some local Federal Reserve Bank presidents stated that QE3 IS going to come to you this summer; check Keiser Report e145 for more info.

[lintburger]

Please. There will be QE3, 4, 5....Ben is full of shit. 13% of GDP is directly from the FED liquidity program too many people on govt handouts to let the market crash before 2012. The FED will print and print and print and print there is no other option.

[BallaholicNo10in89]

@gete55 its clearly a bubble, why would a commodity lose 30% of its value in one week if it wasnt for speculative excesses. If it doesnt fully collapse now it will later.

[areyouready22]

@BallaholicNo10in89 You don't understand the fear driven manipulation the controlling powers have. Once you understand then you'll see clearly what is happening in our world. Until then you will remain under the total control of dishonest men.

[overlogg]

@BallaholicNo10in89

when it will be a bubble..you won't know it anyway...

Stop 100 people on the street and ask they if they own PHYSICAL precious metals...

you might get 1, if your lucky...it is an anti bubble...

Mainstream Media saying something is a bubble..is the exact opposite.

Propaganda is powerful tool, seems to be one of the last effective ones available to the powers that be.

don't fall for it, there is a disconnect between comex prices and physical which will only get worse.

[JohnLeeMD]

@overlogg How many would need to own PMs for it to indicate a bubble would you say? (I agree that the # would be quite low.) And, why would it have to be physical PM? It could be ETF and other methods, if we are just measuring whether or not PMs have jumped the shark so to speak.

[overlogg]

@JohnLeeMD

We are way way way off....do some research, rtaher do a lot of research, you will see that it is way way way less than 1% of the population that are in REAL METALS. something like .23% lol...

ETF's like SLV don't count, bottom line, when the mother of all resets takes place, any fool with a piece of paper will likely get taken out.

Metal does not equal paper.

A bubble is usually fueled by credit, how many people you know getting "credit" to buy metal?

[doclsdc]

@overlogg Actually yes you can use credit to trade commodities. It's called a margin. Recently the CTFC increased margin requirements forcing people who didn't have the cash to sell their silver.

[polevaultrockstr]

@BallaholicNo10in89 7 times the yearly production of silver was traded last week during the crash, do you really believe that was all physically backed? Its just paper promises for silver in the future and those holding physical now will win.