Jim Rogers is always good but CNBC has become unwatchable because of their juvenile annoying sound effects every few seconds. They seem to think that production values go up with more and more noise added. That's why their ratings have been going down down down. Bloomberg is much better than them as they don't do the silly sound effects every time a new graphic is brought on the screen.
Silver is the metal to buy. Let's say the economy is going to recover around the world, that means consumers will buy more technology. Which means more consumption of silver. If the economy does not recover, silver will be a fantastic hedge against inflation. Also, according to CPM group there are is less silver bullion in above ground stockpiles than gold. So buy silver eagles.
the economy is NOT going to recover... not without tax cuts for all brackets. the economy is not going to recover until Obama is out of office ... or until he signs a Republican tax cut bill.
We cannot cut taxes without spending, otherwise we'll just inflate the currency and that is worse than taxes because it's somewhat unpredictable and it hurts everyone especially those on fixed incomes and who work for wages.
No, taxes are worse than inflation. Taxes are an act of theft committed by the government against the citizen. Higher taxes or also hardest on those who work for wages or live on fixed incomes.
Borrowing or Inflation, while destructive, are preferable. You can always choose not to go into debt (avoiding the higher interest rates) or not to save inflated currency (saving precious metals or stronger currencies instead). A weakened currency would restrain borrowing, but not restrain taxation.
I still respectfully disagree with which is worse. Inflation is also theft just like taxes. With taxes you at least know it's coming and can plan accordingly. If you are informed enough to know inflation's source you can plan, but the general population is clueless and think that it's greedy businessmen raising prices for profits. Most don't realize it caused by government so they can fund all of their pet projects. They play on the misinformed public to keep the inflation machine running.
very straight forward info..love learning..thanks for posting..please upload more coz I missed this CNBC show
edmondublianda 2 years ago
Comment removed
ERROLCUSTERFLYNN4EVR 2 years ago
Jim Rogers is always good but CNBC has become unwatchable because of their juvenile annoying sound effects every few seconds. They seem to think that production values go up with more and more noise added. That's why their ratings have been going down down down. Bloomberg is much better than them as they don't do the silly sound effects every time a new graphic is brought on the screen.
jj2004x 2 years ago 4
@jj2004x
OMG you are right! what 25 year old producer idea was that! It its totally annoying when did they start doing this?
Bahia82 2 years ago
It is called American graphics, because most Americans have ADD.
PAZ0619 2 years ago
Comment removed
jj2004x 2 years ago
CNBC=
China Not Buying Crap!
awso!
uturniaphobic 2 years ago
CNBC=
Commercials...Nothing But Commercials
Even during the show they're pushing products
uturniaphobic 2 years ago
Jim nailed it....on everything. Great common sense advise.
imsailing2 2 years ago 5
Go Jim ! always on point, awesome to hear this guy talk !
brindell 2 years ago 2
Obama says he will not rest until everyone has a job, which means he will ensure a long depression.
Buy gold!
Buy a gun!
Buy a farm!
truevoice08 2 years ago 2
maria!, maria!
t0tik 2 years ago
awesome! oh dont forger to buy the dips!!!!!!! =)
buchoogdelight 2 years ago
JPY, CAD, CHK
herbs814 2 years ago
Silver is the metal to buy. Let's say the economy is going to recover around the world, that means consumers will buy more technology. Which means more consumption of silver. If the economy does not recover, silver will be a fantastic hedge against inflation. Also, according to CPM group there are is less silver bullion in above ground stockpiles than gold. So buy silver eagles.
Tasadaru 2 years ago 3
the economy is NOT going to recover... not without tax cuts for all brackets. the economy is not going to recover until Obama is out of office ... or until he signs a Republican tax cut bill.
herbs814 2 years ago
We cannot cut taxes without spending, otherwise we'll just inflate the currency and that is worse than taxes because it's somewhat unpredictable and it hurts everyone especially those on fixed incomes and who work for wages.
lewisfiecke 2 years ago
No, taxes are worse than inflation. Taxes are an act of theft committed by the government against the citizen. Higher taxes or also hardest on those who work for wages or live on fixed incomes.
Borrowing or Inflation, while destructive, are preferable. You can always choose not to go into debt (avoiding the higher interest rates) or not to save inflated currency (saving precious metals or stronger currencies instead). A weakened currency would restrain borrowing, but not restrain taxation.
herbs814 2 years ago
I still respectfully disagree with which is worse. Inflation is also theft just like taxes. With taxes you at least know it's coming and can plan accordingly. If you are informed enough to know inflation's source you can plan, but the general population is clueless and think that it's greedy businessmen raising prices for profits. Most don't realize it caused by government so they can fund all of their pet projects. They play on the misinformed public to keep the inflation machine running.
lewisfiecke 2 years ago
Let's say the economy is NOT going to recover (not until we have broad-based tax cuts). This means that silver will lag behind gold.
Given the political reality, the economy will NOT recover until Obama signs a Republican tax cut bill (not until 2011).
herbs814 2 years ago
76% had never own gold!!! :)
debtinterest 2 years ago
Jim and I are in agreement about buying gold when it gets back to $1000. Good support there.
JP5466 2 years ago 3
Rogers outstanding as always.
LuminousCosmos 2 years ago 2