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From: PeterSchiffChannel
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  • not sure why Jim did not mention Chinese Yuan ?

  • australian dollar is worth more than US dollars now. 1 to 1.06

  • I appreciate and respect Jim's insights on his investment picks! He has been right most of time. This is a guy who has been to different regions/countries of the world...It's wise to listen to a man who gives good counsel on finances. It will benefit you.

  • When jim rogers speak of owning gold and silver does he mean the paper or physical?

  • q hyperinflation

  • Congratulations, it can read press releases. But if you really believe this: short gold! I really think you should do that. Or buy puts in a gold ETF.

  • What are you talking about?

  • uh...if you think deflation is coming, gold will fall, as will all hard assets. take a short interest, make money on the price direction. are you retarded?

  • Nope. You care to state why you think I'm retarded? Cause I'm seeing nothing but media and schiff talking points from you. Any original ideas?

  • why do I think you're retarded? you asked why one would short gold if one foresees severe deflation...the answer to which is obvious to any retard. ALL commodities fall in deflationary environments.

  • I never asked why someone would short gold if they foresee inflation, it would be a very good choice.

    I said I don't have the money to even short the etf, you're the only one that has been talking about deflation, I don't think deflation is coming, I think a strong dollar is coming. I see chinese inflation cooking up, japan will see more inflation, india here in about 1-2 years probably. Speculation of course.

  • scratch inflation, replace with deflation ;)

  • What happens if commodities begin to be traded in other currenies? You seriously think this means the price will go up? If the forex loses its monopoly, commodity prices will tank.

  • you are a lost little boy. commodities ARE traded in other currencies, retard. You don't think Europe and Asia have commodity exchanges? Jeesh, I'm done replying to you....

  • I'm talking about the real commodities, you know? The ones that run the world. Those commodities. Gold. Which is what this whole convo was about. Yes they do have commodity exchanges, but the US is the only commodity exchange in the world that trades oil and gold and many others. When we talk about a reserve currency, what do you think people are talking about? You need to read some more, brother.

  • @bweazel - What is the forex? Thanks.

  • Foreign Exchange. It's the currency exchange market.

  • Simple as that. Be bullish when everyone is pissing their pants, be bearish when everyone is circle jerking and cheerleading. That's what makes ya rich. Do NOT follow the crowd. The crowd is for the lazy, take care of me, I want to have nothing but fun, losers. ;)

  • cnbc and that woman are pathetic. how does she live with herself. i know more than she does.

  • Ofcourse! And I will be buying loads of silver as it dips on speculators selling the real money for the paper currency

  • And you'll be wasting money. Please realize you're buying metals at highs. And you're buying it with a whole crowd of people. You're setting yourself up to lose money. There is no reason to think that this world is going back to metals. More than likely, we're heading towards completely electronic, where they will be able to manipulate this entire world economy easier than they ever have. Even now, all of this is a sham. There never was an actual recession, it's all planned.

  • Nobody thinks we're going back to silver and gold coins, that's not the point. The point is, our paper/electronic money is going to be worth less, given interest rate policies, money printing, debt and a whole lot of other things. "never was an actual recession?" LOL, tell that to the people who lost their jobs. You are seriously tripping, dude.

  • See now, why do you guys believe that? There is no reason for you guys to believe this at all, this whole thing is being pushed as a hedge against the collapse of the dollar. It's anti american sentiment, period. Let's not pay attention to the fact that all other reserve banks in the world have done the same crap the US reserve has, but for some reason, this is all on the dollar, haha, right. Somehow I think they're positioning themselves better than you guys are giving them credit for.

  • you trippin, dude. just because other currencies are also worthless doesn't mean that ours is good. Compared to Zimbabwe, we look good. Compared to Switzerland, AU, CDN, prolly not so good.

  • No, but it means we are all equally worthless. Don't bring zimbabwe into it, there are so many other things that went into that. These situations are nothing alike. Compared to Switzerland? We look good. Their main business and the center piece of their economy is failing, AU? Are you kidding? That's about like saying Canada has better and more robust economy than the US. Pipe dreams my man, the entire west is in the shits right now.

  • I kid not - AU and CDN currencies are both more solid; function of interest rate policies and maybe not economies...what makes you think that CDN AU and CH are "in the shits" economically. Oh, I get it, anything that's anti $ is "anti Americanism" you're funny......

  • Gold will hit $2,000 an ounce by 2019?!?!?!

    Talk about understatement of the year!!!!!

  • Gold will be at 500 by 2012.

  • LOL....if you think that you should have an easy short then. Go for it, dude.

  • It has been a pretty easy short. 200,000 on the fantasy stock exchange so far. ;) Wish I had the money to really do it. Ya, 500, by 2012 though, I'm sticking to it.

  • What do you mean? It doesn't take a lot of money...take a short interest in Gold ETF, or buy puts. I think it's an insane prediction given that the dollar is pretty much destined to fall, but hey I could be wrong!

  • What I mean is I don't have any money. 14 bux in the account until Friday. Want to loan me some so I can short it? ;) The dollar is not destined to fall, all currencies are destine to fail. Do you seriously believe the pound is any better shape, the euro, the yen, any of these fractional reserve, fiat currencies, who have lost just as much value as the dollar. You guys bought at the top, enjoy losing money. They won't just let the dollar fail man, that's what you guys don't understand.

  • not so, I got in mostly under $700 on gld. Even so I might still be a buyer today, as I might be again if it goes below $1000. Just because there are other currencies doesn't mean gold will fall, that just does not follow!

  • 700 isn't too shabby. That will give you some room to get out when gold returns to normal prices. I'm fully aware of the dollar and our commodity exchanges, I don't need a lesson from you, oh wait, you didn't even give a lesson, you just made a statement. Cool though, best of luck to you.

  • sure dude, put your money where your mouth is...you should buy $ assets, heavily invest in bonds and stocks. I'm happy being a buyer of gold between $400-$700. I doubt it'll get there again, but if it does I'll be a buyer again and make even more money!

  • Hahah. You have no idea how real commodities work bro. They're not stocks. You will not see a gain unless you sell gold, which right now, would be the time to do it. You do know what a basis is right?

  • Your right Jim, Surprisingly the CAD had not been stomped by the buck like other currencies have.

  • Rogers got burned hard last year with his commodities.

    Now he recognizes the power of the buck.

    Good on you Jimmy.

  • I love Jim!!! You're bad for my nervous system Maria!!!! ROFL!!

  • 5 more girlfriends, tiger!

  • I was laughing hard when Tiger got the 9th girlfriend exactly one day after this video was out!! I thought to myself, well now, he must've listened to Jim! ;-)

  • President Obama predicts US Bankruptcy. Check this out on Jberni1 Youtube site.

  • That is right these fucking monetary magicians have shot their load

  • These two together are very entertaining. She seems fairly smart and Jim of course speaks more intelligently about investing than anyone else.  Very informative.

  • great vid thankx for posting

  • Maria Maria!!

  • Good call once again Mr. Rogers!

  • she's fine, but hella dumb. it really takes no brains to be a financial commentator.

  • With tits like that who would notice her lack of brains?

  • Ehhh.. they're not that great. Bloomberg has a hot Asian anchor that I'd tap in a second.

  • Damn right about the latter. Take a look at Fox Business channel-- : ) CNBC isn't much better. Only difference is that they don't dress provactively.

  • Food's cheapness is an illusion. It is so heavily subsidized and controlled that most of the cost is hidden in our taxes.

  • Wrong. Farmers ARE subsidized NOT to grow food. Paid NOT to farm parcels of land.

    This creates artificial scarcity, and makes prices HIGHER than they would be WITHOUT the subsidy. In essence, tax money is welfare for farmers. Its public tax money and pays them NOT to produce, so that the farmers who DO grow food command higher prices

    It does NOT in any way bring prices down

  • You are correct, my farm get paid not to grow crops (corn and soy)

  • @mredstriumph What's the reason for the scarcity?

  • Scarcity is a function of supply & demand. When you subsidize (incentivize) farmers by paying them NOT to farm a plot of land, the field lies fallow & no crops are grown

    When less food grown, food is in shorter supply. This drives up its value - the price it commands in the market - & the farmers who are still farming get paid more. That is the goal of govt farm subsidies - to put a price floor on grain & other agricultural products.

    Roosevelt did a lot of that type of thing in the 30's

  • In essence, its a form of welfare (government payment) for the agriculture industry.

    Some farms are paid directly for the work not done (not farming), & others benefit by the resulting higher prices

  • He is alway entertaining. I think Jim and Maria have something going on!

  • World economy will collapse. Revelation 18:11 And the merchants of the earth shall weep and mourn over her; for no man buyeth their merchandise any more: Rev 18:15 The merchants of these things, which were made rich by her, shall stand afar off for the fear of her torment, weeping and wailing,

  • OMG did he say invest in foreing currency ? is he nuts ? dam shiff do somthing ! you think us is the only phony currency around ppl ? you will get a major wake up call !!

  • He also goes on to say that "all paper money is suspect" and there is "no paper money that we can trust". He was pushing commodities if anything, not foreign currency.

  • If the lunatics continue to inflate it will result in the crack-up boom and destruction of the currency. Deflation is the only way back to real valuations and sanity -the sad thing is that it will reveal the havoc caused by the inflationary episodes of the past and the misuses of resources from the easy money policy...

  • LMAO the Tiger Woods comment was priceless....

  • so even if the private sector repay's it's debt the government is far to in the red to bail anyone out and will have to print or default

  • interest rates should be up from where they are now .leaving them to low for far to long will create another bubble ontop of the bubble that just burst which the governments did not let burst completely the next bust will be more painfull and to hard to bailout. so we are just delaying the inevitable massive deflation it's only a matter of time.

  • yes but the powers to be are trying to stop deflation but deflation will happen on a massive scale = severe depression sometime in the next few years

  • spot on short term inflation before a long term depression good call nasdaq7

  • The FED is BAD for the US..

    .....BUT GOOD FOR THE OWNERS OF THE FED...

  • Governments spend ... doesn't require people to spend ... Gov has debts and needs money to fund its programs then they borrow and spend it, or the print it and spend it either way same result

  • Previously being pessimistic would lead you to put your assets in a country you are sure i going to rebound and had a clean money. Today is another story, Europe has a steady growth, not very shiny but stable so asset go there, not in the US...

  • Brazil put 2% IOF taxes on on the currency inflows for secondaries because too much money is flowing in creating a bubble . . . surprisingly it's become a safe haven!?

  • Aside from running out of trees..(money is made of cotton).he does some good points, overcirculation of currency depreciates it value. They had an episode of this concept on the cartoon "DuckTales" when gold would appear whenever a bell could sound, but it caused prices to increase exponentially to compensate for factors of supply and demand - that's inevitably what's likely to happen if the governments behavior continues at this rate. Gold is naturally made, its value is in its scarcity.

  • Jim Rogers is so cool. Reminds me why i want to buy his ETNs. Still havent got the courage yet to register on a site and do it. Anyone got any good advice on that?

  • "oh maria, maria!"

    "such a great way of putting it!"

    great television

  • "we're running out of trees" Jim Rogers is the Thorax lol. I love this guy. His financial advice is real money. I invest in HIM!

  • didn't we have a short-term dollar rally last week?

  • Maria is so passionate that I bet she is an absolute ANIMAL in the sack.

  • Maria looks like CNBC pulled her out of a dumpster 35 minutes ago.

  • At least she's being respectful and listening. Mostly people who speak common sense on these kinds of shows just get made fun of.

  • He's not bullish on dollars. People are covering their shorts, it's that simple. The rally before the collapse.

    She says, "no seriously." HAHAHA, common sense doesn't do much for the cnbc crowd.

    The welfare states are imploding.

  • the dollar just broke out of its downtrend the past few days. he's right on this trade.

  • USA = 3rd World = 24 Mths

  • bout time this channel posted something...

    you're missing a lot of peter schiff videos if you're only subscribed to THIS channel.

    PETERSCHIFFCHANNEL - PLEASE BE MORE ON TOP OF SCHIFF INTERVIEWS/APPEARANCES.

  • Schiff has his own channel, its called the "Schiff Report".

  • President Obama is an employee of Wall St.

  • You spend your way out Im going to buy seeds and tools.

  • @jobedied Oh Oh, don't forget guns, bullets, vehicles (or horses) and fuels and some shelters. Some escape routes.

    You know the drill.

  • The Tiger Woods analogy was BRILLIANT!

  • i think the key word here is 'near term'

  • 2000$ by the end of 2010 : D

  • "We may all need to put all of our money in commodities because there is no paper money that we can trust." Good advice Jim.

  • How do I become a farmer?

  • Is Maria really that dumb or does she just play dumb??

  • she plays dumb to get the interview going and get the points out of him that she wants.

    All these cnbc hotties are smart.

    I'd bend maria over anytime.

  • LOL. What are they going to do? Print more money? We're running out of trees!!

  • the smart answer is COTTON. just think cotton....we can grow money....

  • @cotullaguy

    hahahaha also paper from wood!!! and Bernake can drop them from helicopters to all of us.

  • Doesn't matter. Most created money only exists in a computer anyway, so you don't need trees or cotton.

  • he's being very facetious at the beginning. he has one of the best crystal balls out there and he may not be a short term stock picker but he knows international markets better than anyone and he knows what is coming.

  • haha jim rogers, funny dude. gold is too fuckin expensive for a poor ass investor like myself, thank god silver is so undervalued.

  • What is a ETN? What does Mr. Rogers mean when he says that he is long the dollar? Jim Rogers = awesome!

  • forget about ETF's, you're much smarter/safer investing in physical bullion.

  • What are ETFs and ETNs?

  • yep. if'n tiger would get another girlfriend, all his problems would be solved. rofflol

  • Hmmm .. We live in Iowa... Maybe I can talk my husband into becoming a farmer.

  • lol I love Jim Rogers. He's always saying "Please, don't say that, that's bad for my nervous system." lol

  • There are tons and tons and tons of gold in Fort Knox. Don't worry. Uncle always finds a way out - by HOOK or by CROOK.

  • Actually Fort Knox is mostly empty now. They moved most of the gold out in the late 80's. They also had local programs that would let high schoolers in to help "count" the gold that were cancelled at the same time. Nobody see's it now.

  • I know I was being sarcastic! Thanks anyway.

  • "We're running out of trees, baby."

  • The idiot missed the opportunity to sell and not he wants the market to rebound so he can sell before its too late. He's pumping and dumping

  • I'm having trouble making my credit card payments, I better max them out. That'll fix it.

  • Now you've got the right idea hometalk! Max them suckers out, ALL OF THEM. Sit back and see how many phone calls you get a day and get your friends over to bet on how many hungry bill collectors fools call you each day on that exact issue. You might as well max them out, the dollar won't be worth a shit by next year. Go for it.

  • Listen to this video five times and take notes; it's solid gold.

  • I wish Maria would stop being so rude all the time.  :(

  • I wish she would give me some head with her top off.

  • BablyonsKing, is that because you are a tottal moron?

  • The best way for a family to get out of debt is to spend and buy more and go in more debt right? Consume more... This is a strange idea. It's as applicable to a family and individual as it is to a country.

  • Beautiful. Both, Maria & Jim's last comments.

  • "Legendary investor" Jim Rogers is a NWO puppet. He, Soros and Buffet are crooks working tirelessly to verbally undermine gold rally. If you watch Rogers carefully, you have already noticed. Of course the gold is the biggest enemy of any currency speculators, central bank and government - it is the only real money and it can not be printed. Rogers might be right in 95% of his analysis, but he can not be trusted. Search International Forecaster and Bob Chapman.

  • From what i have heard from Jim Rogers, he has been recommending everyone to buy gold and silver. He said that he is not necessarily buying *right now* -- but he might buy more in the future. He said if gold hits $2000 very soon ... too soon ... then he would have to perceive that as mania and sell his gold.

    As for the USD -- all Jim is doing is taking a little risk because he can afford to. He already said many times over that he expects to lose out on this deal.

  • There are multiple reasons why buying gold and silver is good, and they're not all about the current value, or the sell value. To take your dollars and buy something that has retained value for thousands of years, you're better off. It's something to hold onto. It's something they can't screw up. When you've got 100oz of gold, or 15,000 oz of silver in a safe, Bernanke suddenly isn't your biggest concern anymore.

  • @gwydion75 For that matter, if you have that much value in the mind and human life value, you don't have to look for the fake value of the dollar nor do you look to get as much as possible by doing as little as possible. Following the dollar is a huge fallacy to begin with. Value isn't in the dollar. It's not really in gold (although gold is the best standard of exchange). It's in goods and services. We have drifted far from practical, common sense economics and real value. It's kind of scary.

  • Or your crazy and too paranoid. I suppose Gerald Celente, Peter Schiff and Ron Paul are all NWO puppets to? Fuck it anyone you see on TV, internet, hear on the radio are all NWO puppets!!!!

    This crap really gets tiring. No I'm not a sheep I'm just logical.

  • What's with all the background noise on CNBC? The bells, whooses, not to mention it sounds like the speakers are trying to talk over the noise so they speak loudly - all so annoying. I can't watch this for long and have stopped watching CNBC as a result.

  • nice one

    thanks so much for sharing this

  • he's right, they are looking at text book gadgets and widgets in order to get the dollar strong everyone knows that.

    What makes him right is that by us doing that it causes financial anxiety around the world.

    Fight vs flight respose leads worldwide investors into the US dollar, if only for the short term.

    Lets not look a gift horse in the mouth. This will present a great opp. to stock up on metals, food ammo etc.

  • Excellent interview! Thanks for posting!

  • You cant just throw money at economic problems.

  • This guy has close ties with the admin so he has the same interest Obama has.

  • Removing the federal reserve would not help anyone in government :P Without their free manufactured money, the govt would be insolvent. Not sure how you came to that conclusion.

  • I had trouble imaging Maria driving a tractor, although she could milk a cow very well.

  • Gold is still a steal. I'd jump all over silver since it dipped.

  • "you're bad for my nervous systems" haha, and the pot shot at woods. great interview by Rogers if only he wasn't commenting on the looming depreciation of the US dollar...

  • why? it IS looming. You can't just create trillions of dollars and continue to go into debt by an additional 10% every year and expect your currency, which measures your debt, not to depreciate.

  • Classic financial advice right there; Everyone is pessismistic on the dollar = invest in dollars. (short term only)

  • When is Jim Rogers, Peter Schiff, Ron Paul going to finally go balistic on Crap NBC and yell at these tools to get the heck out of stocks.... Like my 5 year old says, Hellloooo... Great stuff

  • LOVE the Tiger analogy

  • Wow...I generally relate bowties with complete tools, this guy actually was a non-douchebag....

    There's hope for bowties yet!

  • LOL I don't know about the bow tie but Jim Rogers is a smart dude.

  • The Money Honey still looks fuckable after all these years. Busty, pretty eyes and, well, that mouth...

  • so you're into the old men and bow ties, eh?

  • Jim is right on and he is funny too!

  • the tiger woods comment lo0olo0ol

  • @ 8:10 He pushed ETFs? Bad idea.

    Research COMEX fraud.

    Buy PHYSICAL

  • US Dollar rally = BUBBLE

    BY YEN AND CAD EUR LONG TERM

  • @kryogenikz: Relatively speaking, true. But all currencies are being printed like crazy, and all are falling relative to gold, silver, platinum, palladium, wheat, etc.

  • Your totally right. I think Yen/Eur and CAD for long just as the US dollar falls again. I think agriculture and metals are the best though for very long term. Timing is key, unfortunately we dont all have a crystal ball like those damn elites.

  • I totally agree, but ag is more difficult to play, especially for me, because I believe anyone holding paper assets in the next year or two will be totally wiped out.

    To hold physical gold, silver, platinum, palladium or other metals is fairly practical. To hold a small quantity of quality seeds (and materials to help you grow them) is also quite practical.

    But to hold a substantial quantity of agriculture in a physical form requires the ability to buy a [small] working farm & equipment.

  • I buy physical silver, but AG is difficult to hold without being in paper. I do plan to start a victory garden in the spring. Starting your own farm would be key, although land cost and fertilizers/materials would kills your pockets. Especially with hyperinflation scheduled to come soon.

  • Maria is clueless.... "Wheres the incompetence in Washington?".... wake-up Maria

  • be careful with gold. it may shoot up but it is under heavy manipulation right now. They could crash it without warning just to prove a point. I've seen this happen time and time again. Pump n dump is not out of the question. Take your profits and wait to get back in. Don't be stupid. "Don't get caught holding huge gold profits on paper. CASH OUT NOW! I will explain further in my next vid hopefully on Monday.

    Everybody have a great weekend.

    Peace

  • When gold goes down = a buying opportunity not a selling opportunity

  • Or better yet, don't buy ANY paper gold!! Buying paper gold (ETFs, etc) is CONTRIBUTING to the manipulation you speak of. Buy physical and HOLD it. Buying physical gold (or silver, which is a much better play in my opinion, and apparently in Mr. Roger's opinion as well) is helping to END the manipulation. Yes, you are correct.. there is huge manipulation and it can be brought down still, but their ammo is running out quickly and there is only so much more tungsten, er, gold left in the vault

  • Don't be ridiculous. No matter how you're better it'll turn out, holding gold is not something they can take away from you. It's there. Piled in the corner. The value of gold has held its purchasing power regardless of the will of the wicked throughout all of history.

  • I'm sorry but your wrong on this point. They can do 1 of 2 things. First, they can de-value the price of gold by crushing the price or by other means. Two, they can confiscate the gold like they did decades before. Remember, under the guise of "National Security" anything goes! They can bumrush your crib grab your gold and haul you off to FEMA CAMP claiming that your a terrorist. I know it sounds ridiculas but remember we are living in strange and ridiculous times. Keep your head up.

    Peace

  • They can devalue the price of gold by crushing the price "or by other means". Please spell that out for me. Stating they could create rainbows isn't a point of debate until you say how theyll create rainbows.

    Seizing gold? Do you know what happens to the price of a commodity when its clear its scarce and/or illegal? The price skyrockets. Black markets are never cheaper. Their illicit nature is from bringing a product to the market to meet a demand under pressure represented in higher costs.

  • gwydion75,

    perhaps you need to do a little research on the Hunt Brothers fiasco. The same mechanisms that the CFTC used back then is still able to be re-instituted today. Don't get it twisted, the Fed can DO WHATEVER THEY WANT WHENEVER THEY WANT. The Fed answers to NO ONE! Once they declare a bank holiday they can reset the currency to devalue the dollar. They can collapse the dollar and crush the gold market at the same time. Or They can strengthen the dollar and collapse gold prices.

  • Jim is to early to the dollar trade, the dollar must go below it's all time low before it gets another bounce.

    I like how the host says everyone owns gold. I walked into the mall started asking people where do you buy your gold

  • His bullish short position on the dollar is probably the worst thing I've ever heard him suggest.

  • I love watching Maria, damn she's hot!

  • I'm really glad he came out and went through each type of investment and explained if/why he thinks each are a buy/sell/hold. I wish guys like vision victory and Peter would come out and do that.

  • We don't have any more trees, left!!!!!

    We running out of trees!!

    ---Jimmy Rogers

    LMFAO!!!

  • Maria asks way too many stupid questions that the answers are obvious.

  • but maria is a hot dirty little whore with those lips.

  • Agreed. CNBC must be getting they're women from the porn industry. Talk about taking resources away from productive industries.

  • Good info.

  • I hope the Chinese don't "get" to Rogers.

  • Gold can't be a bubble and that's fact. The value of gold has not changed, the value of the fiat currency your trying to get the god has changed value and that's why the price of gold is climbing.

  • The man is funny, smart and right.

  • Jim rogers is right, the EURO is going to weaken slighty for a while, I don't think it will be a runaway though. the technicals will tell you that we are in for a correction currently. The bubble on gold has a hole poked in it too. If you are a very long term trader, I'd say bearish on USD would be right.... possibly :)

  • gold = not a bubble

  • JIm is right on the money as usual.

  • love it. love it.

  • Rogers sometimes nails it and sometimes he blows big time. this time i'm with him on the short term rally on the USD. Markets going to retrace from here. That's my call on it.

  • spend our way out = delay the problem further and make the problem worse