Jim Rogers, "Gold is Overdue for a Correction"

[tripzero0]

gold corrected not too long after he said this...

[knowthyfaith]

The proof is in the pudding. Sorry children but gold is not going down in price.

Which currency will survive an economic collapse? And we know the warmongers will create one.

[gavinjengel]

Lauren Lyster and Demetri Kofinas are a perfect team.

[FALsecuritysystem762]

Hey if I have some pamp sussie bars that are 10 grams each where is a good place to sell on the high. I might need some more prepping gear.

[ZoneTelevision]

Happy Thanksgiving Lauren

[joe80dman]

Since the NATO nations confiscated Gaddafi's 144 tons of gold after they ransacked Libya the price has obviously gone down.

[taledarkside]

@joe80dman

Gold would sky rocket up. dumb people like you need to stop watching RT. or atleast make a conspircy that had an actual fact

[joe80dman]

@taledarkside : And Shills like you shouldn't make fools of themselves by making outlandish statements. Anyone who thinks that only corporate controlled news outlets, or sometimes called America's propaganda ministry are credible sources needs serious psychiatric help.

[fuckoff187]

rogers admits hes bad at short term calls, gold just had a 15% correction. gold should be well over $2000 an ounce today and it isnt.

[kexler11]

Gold never worked? What are you talking about, gold has and will always work. Don't believe me, go look in the history books civilizations for centuries used gold.

[TruthatCearcie]

Sigh...

[Bernd1964]

Economists generally can't get the big picture, they always believe in a necessary resumption of growth. Hubbert's cliff (peak oil) and net-energy decline of remaining resources determine our future. The industrial age is in full collapse mode now. We have entered the age of the 'Long Emergency' (James Kunstler). Besides that Japan is a total lost for the world economy due to the Fukushima disaster. Industrial civilization has no future - it will cease to exist by the year 2025 (Olduvai-theory)

[LeifAlexander87]

good

[DforDIckhead2100]

What? the RT/kremlin whore is covering her tiny tits? Will she be going for a boob job like Joo Lucy? Show us your face w/o massive paint, ugly whore. Bet you wouldn't dare.

[morenokv]

..China has already passed the U.S. as a super power... America does not want to admit it..

[dzlps2011]

@morenokv disagreed, I'm Chinese

[nezahualcoyotl2012]

@dzlps2011 Yea, China has nothing but dirty water. Can't be a super power with shitty water supply for >1.2 billions chinks.

[trick29420]

Invest all of your money into marijuana. That shit's like $300 an ounce and grows on trees.

[taledarkside]

@trick29420

lay off the pot, because weed doesn't grow on trees

[hotpugsinthecity]

@taledarkside Trees is slang you dumb pigfucker

[taledarkside]

@hotpugsinthecity

I never once fucked your mother, boy.

[trick29420]

@taledarkside So what does it grow on?

[taledarkside]

@trick29420

flower,plant,stalk.

stop watching propaganda bullshit from RT and read books.  weed doesn't grow on trees.

[joe80dman]

@taledarkside : Yeah. We should be watching our controlled corporate news propaganda outlets instead.

[taledarkside]

@joe80dman

that is up to you. I told you to read a book. but you rather watch corporate media instead. wow are you conspiracy theorists idiots.

[trick29420]

@taledarkside OK. Revised, "Invest all of your money into marijuana. That shit's like $300 an ounce and grows on PLANTS."

Fucking moron. What are you some kind of internet botany police? Get a job.

[taledarkside]

@trick29420

I'm just educating pot heads

[sheepOG]

Jim Rogers is a boss. Economic illiterates should refrain from criticising him.

[ultreality]

@sheepOG There is nothing wrong with criticism if it is constructive and based on fact.

The difference between a speculator like Jim Rogers and and an investor is that speculators are basically gamblers trading volatility, and investors are more long term based upon real research and knowledge of the markets in which they trade.

Increasing M2 must increase the price of Gold - it is a financial certainty.

The Eurozone must collapse soon. It will be probably not last 10 weeks, not a decade.

[sheepOG]

@ultreality Oh, I'm not saying Jim Rogers can't be wrong, I'm just saying that a lot of the criticism he seems to get in these comments is simply not based on facts.

[ultreality]

@sheepOG Well I agree with you, but this applies to the vast majority of comments which are based on hope or beliefs rather than fact.

I respect Jim Rogers as a speculator, but no successful speculator would make comments that go against his own trading positions, especially on mass media such as RT. To give him his due, he did not overtly support his positions either.

When it comes to Gold I am not an "armchair expert". I have researched and traded Gold for decades based on the fundamentals.

[Bass20HZobsession]

@ultreality people can go against their positions

for example i believe all fiat currency will go to zero but i still hold dollars, for daily use thou, and a bit investment in short term

[ultreality]

The rise in Gold price has not been due to speculation, but largely due to the Fed printing more and more worthless paper, which is due to accelerate as the deb/fiat currencyt meltdown accelerates.

Every increase in M2 implies an increase in the Gold price.

Also, real physical demand for Gold is way ahead of that which the Gold price implies - due to short manipulation - and which too will accelerate, especially from China and India.

Nice try Jim - keep buying Gold.

Go short on Jim Rogers.

[elucidative]

@ultreality yeah, the only reason gold would have a correction is if the Rothschilds cheat and manipulate the prices like they always do. I heard a few yews ago they may bring it down to $600/oz to try to get people to sell out of fear the it will go to $5000. Gold has been money for a long time and the Rothschild will be burning in hell and gold will pave the streets on heaven

[smokydave]

@elucidative if you're following rothschild conspiracy theories in 2011, its cause your knowledge of world wealth is stuck in old WW2 conspiracy theories. There's tons of bankers and wealthy people who have several times the wealth of the rothschilds, that are also more politically active in one way or another, be it libertarian or progressive/liberal.

[eraffel]

@smokydave Tons? Really? Like whom?

[elucidative]

@smokydave My rothschild conspiracy theories are documented facts and go well beyond WW2 back to 1776 and connecting way back to Atlantis. While other bankers have money as well they are still in the Rothschild Octopus since they are agents for Rothschild family and with intermarraige they don't have the last name of Rothschild. Roll back into bed because it gets more tangled and you need to be wide awake to understand.

[smokydave]

@elucidative All, and I do mean ALL of the rothschild conspiracy theories were constructed as part of the Nazi propaganda machine. It was part of the story they promoted that the Jews were responsible for all strife and upset in the world. Back to atlantis? I see i'm dealing with a moron.. good luck with your tin foil hat.

[ultreality]

@elucidative Yes - it is ironic that it is N.M Rothschild in London, that officially provide the morning and afternoon "Gold price fix". It is definitely a "fix" alright.

That said, the Rothschild's are fiercely loyal to their roots which started out trading Gold, so my guess is that since they have to convert the Trillions to something, they have been converting it to the only store of value for the last 5000 years - Gold - to use in the next stage in the globalist plan when currencies crash.

[ACatal1]

Oh boy, Lauren is very, very lovely lady.

[MrSeekerofjustice]

China is where the future is??? Yeah right.... and i am the queen of Egypt! such utter garbage!! Maybe China is the future for speculators like you Jimmy... Now go play with your children before they get too old for you!

[vikingWindmill]

@MrSeekerofjustice

China is the strongest country in the world, economically and military. Their weapons are exact copies of the Russian's best: rockets, tanks, guns and so on. I hope you're not just some kind of American yokel who thinks that MERICA is the best country, and the land of the fee... I mean free.

[MrSeekerofjustice]

@vikingWindmill

Don't talk crap man!! I bet you've never been to china! What an overrated shithole!

[vikingWindmill]

@MrSeekerofjustice

xD shithole? XD XD

[MrSeekerofjustice]

@vikingWindmill

Read the following article and get back to me:

David Sedaris: Chicken toenails, anyone?

[MrSeekerofjustice]

Jim Rogers is a doofus!

[FXSwissTrader]

Lauren is so damn SEXY!

[Chriznak]

Gold was $500 and ounce less than 10 years ago.

[Globox822]

this guy is secret agent

[saintkatanalegacy]

people are liquidating gold to cover for their losses. 1600 is actually normal level if you follow a long term investment so not much to be worried about.

[heyitsmejason1]

looks like he got a weed plant growing behind him

[GovernMentalFreedom]

We need to do what Lincoln, Garfield and JFK tried before the privet cartel assassinated them, use Non interest U.S notes. Ron Paul is not suggesting anything new hundreds of thousands had been killed because of, Federal Reserve perpetuates war, poverty as welfare states plays there game prostituting their native born destroying the once “self supporting republic States” now supplying the greedy not the needy, what happen American REPUBLICS? Our for fathers understood why can't you.

[g1981c]

Rogers is very smart ... BUT ! he's wrong about Euro - it's not going anywhere. Everybody who lives in europe is going down with the VALUE of the Euro but the paper itself will remain. Why ? Because globalists don't take no for an answer ...

[aceyorba]

THE ONLY THING THAT IS DUE FOR A CORRECTION IS MY FRIKIN HOUSE

[loki12fx]

for a number of reasons, come on its been suppressed for too long the only issue i feel would arise from using gold and silver is the weight it self;; which is why they started to use the paper money in the first place but gold works when its not manipulated

[loki12fx]

this guy is a fucking idiot and a disinformant

[imeanlive]

all fiat will devalue....period end of story

[kcirdrab]

PRECIOUS METAL BUGS ARE HEADING FOR A CRASH BIG TIME

Don't say u weren't warned

[richardsharp75]

@kcirdrab Why do you say that? What are your specific reasons? This is not an attack, but I want to find out if your upper case statement is based on some solid evidence, or if its just a rant. Lay it out, if your reasons makde sense, I'll go short.

[kcirdrab]

@richardsharp75 check my channel message board, few posts down for the answer to yr ?

[TruthatCearcie]

I am lucky to have toilet tissue, I cannot get gold, sadly...

[deke76]

Next decade or so? I don't think it will take much longer at all.

[shaolonbros]

Im confused...how could gold and silver not go up with the continuation of printing more money? What does he mean Gold never worked. It's the only thing that has ever been real money through the ages, biblical times and so forth. What we use now is paper...PAPER BACKED BY NOTHING

[KaizoeOcshtau]

@shaolonbros He promotes putting money in to China, of course he thinks gold is a bad idea. He would probably have told you to loan money from Lehman Brothers before they where destroyed.

[KurzLuppii]

Actually the only thing that is due for a Correction are Fiat Currencies.

[dispersingweight]

Silver's Inflation Adjusted High = 135 / Current Price = $31

Gold's Inflation Adjusted High = $2500/ Current Price = 1700

THIS IS WITHOUT PRINTING MORE MONEY. The gains from these two in the future will be tremendous. (I'm long silver)

[18wheeler76]

i think if people put there money in food and guns,they will not loose.

[j2201987]

I think silver and gold is good as insurance, whenever a fiat currency collapses, gold silver copper are good metals to hold you over until the next fiat currency starts.

[Ernster86]

You know you're hot when you still look good in a turtle neck!

[Nanostarification]

is GOLD even a GOOD investment?

[dynomike1964]

Hedge your bets , stack, prep, invest, lock and load .

If the wheels fall off you will be ok .

i

[AccuracyMarked]

Nope, sorry jim lost it here....he's looking at currencies, he forgot about the global depression...needs to look at gold-silver again.

[breadyru]

at 653 was a lie

[jc2004x]

what about the Canadian dollar? Or Silver?

[unreal672003]

If your money isn't tied on gold or silver your fucked, because these robber barons such as Goldmans sachs will rob you blind , just like MF global how they robbed customers personal accounts.

[slhines7]

I personally think that all of the FIAT currencies are more worthy of a "correction" than real money which are precious metals.

[mrzack888]

GOLD SILVER gonna get knocked down in the next credit crisis. gold/silver are viewed as commodity assets, not money.

[blythebaby777]

Jim Rogers hasn't been wrong since the crisis since this crisis began!

[Martialartyogi]

Gold doesnt need a correction, it is the correction ! forgive all un payable debts on the people and convert all the real wealth left to Physical gold, even if it drives the price to 100000 . who cares,we will know where we stand. Right now all we know is that we dont know, and arent aloud to know.Gold can work

[MrSammo1]

Human abstractions are so much fun!

[lgarvey1979]

1:24 Roger's weight training gloves

[lgarvey1979]

mmmm Lauren...



[lawes84]

China had 3 trillion dollars?? So what? USA defaults, what good is that paper trash? The chinese will learn the hard way, never trust jewish bankers.

[jimbobubbadj]

@lawes84 What is it about these foreigners, the allure that the USA has for them? I'm an American and if one isn't careful here about how they conduct business, someone will take them for a ride and fast, especially if it is finance. These foreigners think that anything that is placed on USA shores turns to gold so to speak. I don't understand this illusion that they have. They better get a grip on reality fast about the USA.

[MrAkura1984]

@lawes84

Let me give you a hint - the US government (and not the "Jewish" banks) is borrowing the money from China and creates the deficits that will ruin the value of the dollar.

America will never default because there's too much at stake. It'll just print the money - that's what they always do.

[lawes84]

@MrAkura1984 Printing money is defaulting.

[Matsutom]

@lawes84 Actually, i have learned that the Jews were forced into the duty to deal finance for the people. It is considered a burdon and a punishment for murdering Jezus Christ. Hope this helps to get rid of all those Jew comments.

[davidhockley1961]

@Matsutom Is that true?

[Matsutom]

@davidhockley1961 It is History yes, long passed tho. But the values still remain under the sleeping eye. And now it is getting played out. See where it's going?

[mhodzic7]

@Matsutom Are you kidding with that comment? Seriously? You have learned that? From who, your mom? Troll

[Matsutom]

@mhodzic7 It is what the "old" man believed. Or you could say, "as it was interpreted".

[vikingvic]

@lawes84 well, China may then resort to taking over even more american land (they already have a lot), in the same way Greece is giving over its islands etc to the UN (most national parks in the US is controlled by the UN).

[karenbcz22]

Read between the lines, people. Gold has peaked!

It ain't going above $2k.

The big money's been made.

If you didn't buy ten years ago, you missed the run.

[lgarvey1979]

@karenbcz22 Naw! Gold will always be the ultimate inflation hedge, and inflation has not yet run its course. it's also the ultimate safe haven asset (no counter party risk with gold), and problems are going to get worse. Then as others have suggested, prices are proven to be manipulated, perhaps in an attempt to make USD look healthier than it really is.

[jimbobubbadj]

@lgarvey1979 Paper people such as her treat paper like the dollar as a religion. She thinks that it is invincible, IMHO. She doesn't study her history about things like the dollar having always collapsed. She says to read between the lines but cites no links nor uses logic mor cites history to make her point.

[jimbobubbadj]

@karenbcz22 Gold is money in and of itself. Gold is the standard that everything else is based on. Fiat paper fractional reserve money such as the dollar will collapse due to endless Fed printing. Considering the amount of "money" out there, gold is worth much more. This amount of money is going to cause hyperinflation causing gold to go up much more in dollar terms. People turn to gold in bad times. Tell me specifically why gold has had its run, links and proof. Read between the lines.

[faulconandsnowjob]

gold & silver markets are majorly manipulated (see gata.org)

[apox2011now]

why do you think Kyle Bass bought a million in nickels? can only go up. Always will be worth a nickel.

[GereralGrant]

Don't listen to him anymore , he's a shill for the Singapore Gov't. He doesn'T

own US$ or Euro's

[jimbobubbadj]

@GereralGrant I don't trust anyone that is rich or that rich. One that gets that rich did not do it honestly or fairly.

[rapblack2]

correccion pero hacia donde ,coño? o_O

[apox2011now]

think about it i Nov 2001 gold $250 an oz. And look at platinum its tanking big time. So is palladium. And then there's rhodium onetime at 10k in '08 and now 1,600 and flat lined. Silver was $5 in 2001. There may be a pullback but never to those levels. Too many people know about gold and silver now. Only way it pulls back is if we keep the commies in charge and they decide to confiscate and offer pennies on the dollar. Which is what these guys are notorious for.

[jimbobubbadj]

@apox2011now Now that we know, we must hold on to PMs and other assets through these pennies on the dollars period. These periods do not last. Lets deny them this time. In fact if possible, we should buy some assets pennies on the dollar so that they don't have the chance to buy these same assets.

[silveristhenew]

silver Jim, silver.

[onassi]

I think Jim Rogers is pretty conservative in his predictions.

[apox2011now]

silver.

[trademarc66]

Looks like he is getting ready to ride his bike.

[chico280]

It already corrected from 1900 to 1600, so how many corrections does he expect?

[JP5466]

@chico280 Exactly. I was just about to post the same thing.

[apocolypse1022]

It will correct via corrupt entities like CME Group altering the margin requirements as they have been doing already when Gold gets too high....the people raping the people thru the bank bailouts want cheaper Gold so they can invest now before they collapse currencies and call the bank holidays.

[jb0433628]

So the next dictators will be the Vatican, since they have the largest amount of gold in the world.

[natritious1]

@jb0433628 they won't be dictators, they'll just be one of the wealthiest institutions on earth like they already are

[vambo13257]

This woman is beautiful.

[Observerx10]

How will gold correct when everyone is buying? Who is selling and how much are they selling? Who would sell gold when they see the central banks crashing?

[jb0433628]

I think there won't be another economic crash after the next one. Cannibal caveman doesn't need a bank account.

[Mcleod0000]

he called silver was going down right before it did . I hope hes wrong

[jimbobubbadj]

@Mcleod0000 Even if he is correct, it would be a great buying opportunity. He even admitted that he should buy more.

[firefirefuneralpyre]

gold it's shiny,..so what,..gold it's yellow,..so what,..mono atomic value,..so what!!you can't eat it and live,...you can't drink it and live,...so what the fuck?,...if my cat's litter box had the same qualities would you fight over it???

[firefirefuneralpyre]

@firefirefuneralpyre i spray my cat's shit with gold colored spray paint and send it to gold buyers for unwanted gold!

[firefirefuneralpyre]

@firefirefuneralpyre if shit was shiny,??,.....

[natritious1]

@firefirefuneralpyre HMMM pretty sure there's an infinite amount of shit out there. Gold is finite. and beautiful

[natritious1]

@firefirefuneralpyre those with the gold rule. When the dollar collapses, you'll be begging to clean my toilet and litterbox for little teency of it

[jimbobubbadj]

@natritious1 Good one. He might be able to use dollars to clean it.

[jimbobubbadj]

@firefirefuneralpyre Dollars they are green white mostly...so what..several atomic values,..so what...you can't eat them and live..you can't drink them and live,..so what the fuck?,..if my cat's litter box had the same qualities would you fight over it?

[hendo19742]

GOLD ALREADY HAD IT'S CORRECTION, TIME TO MOVE UP OVERDUE!

[skskvuvu]

@hendo19742

BUT doesn't the dollar control the markets,,,,will the dollar have a bad 3 month from today?

[toppgunn2232]

is that what gold should really be or what they will manipulate it to,to give their fiat dollars strength and confidence!

[hendo19742]

@toppgunn2232 GOLD IS REAL MONEY, I WOULD NOT PUT TOO MUCH FAITH INTO GEORGE SOROS FORMER PARTNER!

[toppgunn2232]

@hendo19742 i didnt watch the whole vid so is it code for massive soar in gold or is it going to see more manipulation!

[jimbobubbadj]

@toppgunn2232 I've been reading that paper gold and paper silver could go to zero. The physical price soon will not be tracking the fraudulent paper comex/lbma price. This is due to shortages progressively becoming worse causing a comex/lbma default.

[jimbobubbadj]

@hendo19742 I don't trust Soros. I didn't realize that Rodgers was a business partner of his. Thanks for info. He's now officially discredited in my book.

[robertplant634]

@jimbobubbadj rogers and soros worked together a long time ago. rogers hasn't spoken to him in 20 years.

[robertplant634]

@hendo19742 ok, we'll trust you instead. how many billions have you made trading?

[IraHayesIraHayes]

Now that Dina Gusovsky is RT history, this woman is the hottest on the channel. Any questions?

[ButtSauceversion1]

SECOND!

[resistandexist100]

OWS is weak