Video: Dollar Collapse Beginning Now?

A fundamental change is taking place in the markets which has signaled doom for the dollar. This week the Dow, Long term treasuries and the dollar all went down at the same time. Continue reading

Gold Industry Officials Warn Of Depression, Expect Major Economies To Boost Reserves

Bailout packages will likely lead to mass inflation, dollar crash Continue reading

The popular uprising against central banking

The way Ron Paul tells it, his more than 30 years of speaking and writing about money, inflation, and the Federal Reserve System attracted only limited interest outside libertarian and constitutionalist circles. The subject, and Paul as its spokesman, were scarcely to be found in the media, even—or perhaps especially—on the business networks. Continue reading

MSM: Jim Rogers – ‘Sell any sterling you might have. It’s finished’

Investment guru issues grim warning as sharp fall in inflation hits pound

Fresh concerns about the British economy and fears for the stability of the UK’s financial system pushed sterling to new record lows against the dollar, euro and yen yesterday. Continue reading

MSM: Jim Rogers calls most big U.S. banks “bankrupt”

NEW YORK (Reuters) – Jim Rogers, one of the world’s most prominent international investors, on Thursday called most of the largest U.S. banks “totally bankrupt,” and said government efforts to fix the sector are wrongheaded.

Speaking by teleconference at the Reuters Investment Outlook 2009 Summit, the co-founder with George Soros of the Quantum Fund, said the government’s $700 billion rescue package for the sector doesn’t address how banks manage their balance sheets, and instead rewards weaker lenders with new capital. Continue reading

Video: MSM – Rogers – Global Bankers Have Unleashed Inflationary Holocaust

CNBC hosts unable to grasp basic economic principles

Legendary investor Jim Rogers warned during a CNBC interview this morning that global central banks are creating the environment for an inflationary holocaust by their ceaseless overprinting of currency, a measure that isn’t even successful in stabilizing the stock market. Continue reading

Globalist Ultimatum: Pay up or Collapse

There’s going to be no end of controversy over the bailout of Fannie Mae and Freddie Mac.

On September 9, 2008, CNBC’s popular financial show “Squawk Box Europe” interviewed Jim Rogers (CEO of Rogers Holding) on his view of the government takeover of Fannie and Freddie:

“You can see that this is welfare for the rich. This is socialism for the rich. It’s bailing out the financiers, the banks, the Wall Streeters… This is outrageous. Who are these people who are taking our money and doing this and ruining America?” Continue reading

Rogers: U.S. More Commie than China

For a Soros protégé, Jim Rogers has something interesting things to say. He hits the nail right on the head, if only for his own benefit. For instance, from CNBC this morning:

The nationalization of Fannie Mae and Freddie Mac shows that the U.S. is “more communist than China right now” but its brand of socialism is meant only for the rich, investor Jim Rogers, CEO of Rogers Holdings, told CNBC Europe on Monday. Continue reading

Video: The Dollar is Doomed and the Fed’s Days are Numbered

Jim Rogers says Asia is the future, the dollar is a terribly flawed currency and he doesn’t want to own any, oil will certainly pass $200/barrel soon, and the (privately owned) Federal Reserve will disappear within the next decade. Continue reading