Jim Rogers Sees Gold $2000, Oil $200 Soon - Middle East Unraveling

[cookiekoen]

what are aggri commods?

[superhawkn]

Jim Roger is wrong really wrong. $200 oil should equal $3000 dollar oil and $120dollar silver

[EconCat88]

I can't think of a sharper investor than JBR.

[DipSchittReport]

No businessman, speculator, invester, trader, or the like has anything on Jim Rogers. He is truly the man. I love him!!!

[sonance666]

Gold is over $1900 today.

[monty56]

@drkevincampbell...the fed electronically deposits money in central banks at zero or near zero interest...the banks then purchase interest bearing govt bonds which finances our debt and deficit....a wonderful ponzi scheme...unless you are a working man who pays for it all!

[mrzack888]

im going to go buy some gold, if gold does not go to 2000 then im gonna be severely disappointed by jim.

[jayangli]

@mrzack888 gold is expensive.

[pretorious700]

@jayangli no, fiat money is becoming worthless, gold is just a barometer

[LtHarkness187]

@mrzack888 So did you buy at $1414 ? its at $1900 now lol

[mrzack888]

@LtHarkness187 shit. 

[Martial024]

@mrzack888 Well it probably will eventually, considering the Dollar is constantly being devalued it is only a matter of time. The money will be worth less though, the prices on most other things will be higher too.

[drkevincampbell]

Explain money printing? The Federal reserve system creates reserves to the banks who then lend money into creation. The Fed does not print money. The fractional reserve system lends money into creation. No lending and you have a contraction of the money supply. Fed printing money is a fallacy. Without a loan to create the money, there is no money printing. The bond market restrains the Fed.

[campeona5]

SILVER!