Jim Rogers - A Holocaust is Coming

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The economic stabilization plans are absurd. The planners like Bernanke and Paulson have been dead wrong every single time. Why would you listen to them? Japanese Yen and Swiss Francs are most certainly better than dollars.

Not a good idea to buy equities. Those are not going to come out on top. You want to buy things where the fundamentals are unimpaired. Most equities have impaired fundamentals. Commodities are the asset with the strongest fundamentals.

It is absurd that average people had to bail out young guys on Wall Street who are driving sports cars. They were incompetent at best and criminals at worst.

We had the worst excesses in the credit market in world history. We are going to have to take some pain. Never before in world history could people buy houses with no money down. It is time to be more realistic.

It would be nice if the G20 leaders would leave us alone and just have a beer rather than holding more meetings. Eventually the bond markets will collapse. These guys are engineering an inflationary holocaust because they don't know what else to do.

People need to save money and keep their powder dry to look for opportunities. When you print gigantic amounts of money and flood the world with money, that has historically led to inflation. Right now everything is being deleveraged, but that is temporary and the inflation will show up.

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• Treasuries
• Government Bankrupt
• Financial Collapse
• Economic Collapse
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• Gold
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• ron paul
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[PorkIsHalal]

It is funny. The interviewers keeps side stepping when they hear what they don't like to.

Truth hurts. Isn't it?

[fgsltwhghobstwbihsnp]

4:12

"Jim...what do we need from our G7 leaders this weekend?"

"What they need to do is go down to the bar and have a beer and leave the rest of us alone..."

lol, well said

[DexterHaven49]

@pistraurder Tell it to the Marines!!

[pistraurder]

@DexterHaven49 yeah wrong, asshole. not self pitying and sure as hell don't want your sympathy, keep that shit away, please. and oh the life I had. obviously you haven't been raped. good for you, hope it never happens to you. I was merely informing you that people who have been raped won't find your little pun at all humorous, just the truth, don't have to get all belligerent. because rape is serious crime, you know? it fucks people up, real bad, if you weren't aware.

[DexterHaven49]

@pistraurder Oh, get a life and quit looking for sympathy and things to be offended over. It was obviously a joke, you fucking self-pitying asshole.

[pistraurder]

@themredweirdoshow I don't think they are incompetent, I think they knew and know exactly what they are were doing. malicious is more like it.

[pistraurder]

@MX3516 this is a perfect description of what the people all around me have been doing for years now. what did orwell say? political language give's solidity to pure wind?

[pistraurder]

@DexterHaven49 shouldn't make jokes concerning rape is all I am going to say. to people who have experienced this, believe me it isn't funny, at all.

[DexterHaven49]

Yes, we are still in the midst of an inflationary holocaust. But it is slow moving. No one can tell when it will end. That's the charm of natural events, like predicting hurricanes and earthquakes and death and when average looking guys will be raped by a team of lusty supermodels. Never can tell. ;)

[VerumAdNauseam]

The only solution is to stop inflation, and the only way to stop inflation is to ban the practice of fractional reserve banking altogether and to not accept currencies from nations that allow it.

[luvcheney1]

@MiserableOldFart Monetary policy of money supply growth may not result in general inflation, but can result in focused increases, "asset bubbles". Stock market boom, bust in Roaring 20`s followed by Depression, DotCom bubble, and housing bubble of Clinton, Bush Admins followed by current crisis. NOW "The U.S. Government Bond Bubble", "Prices of long-term Treasuries up 30% since early this year." (Time). Sorry that a huge investment bubble is unknown to you, it`s not my fault.