Jim Rogers Expects Currency Crisis - CNBC 6-4-09

[fasteddie847]

That Dennis Kneale dude makes me want to puke

[andyhwang2009]

ight. Asia is more develop than USA now.Right. China will be Democratic country in 2020 because of Chinese middle class. Politicians , investors , media in USA said 19th century for UK, 20th century for USA and 21st century for China .China will be World #1 superpower in 2025 like USA. American people believe China will be #1 Superpower

[byteusa]

SDR is the first World Currency. NWO around the corner.

[ubuibiok]

China between Feb and mid Apr raised its Gold reverser by over 40% , from its a little above 600+ tons set back in 2003 (which had stayed basically unchanged till Feb 2009), to a all new China High at 1054 tons by the 24th of Apr. They then stopped the slid of the US dollar and now hold 1.92 Trillion US currency in reserves. OPEC combined set exchange of Oil to the dollar trading and China are the only thing hold the USD up and keeping the World Economy from a total collapse.

[1gregmichael]

what a dick this guy is. rogers.

[grizzydoug]

Interesting comment... please explain why you think that.

[madcatzy]

I think silver will get a good bull run this year

[unworldlything]

I think next few years too.

[stellaconcepts]

i think so too... but i dont tell anyone about it ;)

[unworldlything]

hahahaha~ silver market is really small so only few millionares can clean the market~~~ hahahaha~~~

[inconformant]

euro should do ok if opec decides to use euro as their reserved currency of trade.

[PureAdrenaline97]

We will go into a depression.

[unworldlything]

yes, gotta get the cash by then....

[delatroy]

Euro should do well

[DontTread0nMe1776]

Not in the long run, it is worthless fiat too for all practical purposes (it had a claimed 15% gold backing when it was created, it might be half that today)

[unworldlything]

all currencies ought to go zero!

[DontTread0nMe1776]

This is exactly why the founding fathers were so insistent that only gold and silver be used as money and the penalty for creating bills of credit (federal reserve notes) was death!

[unworldlything]

no, you got it wrong.....

[DontTread0nMe1776]

please elaborate unworldlything...

[unworldlything]

gold means death.