Wednesday, May 20, 2009

Jim Rogers on CNBC Asia


My Comments: Completely agree with him on the suckers rally. He seems to think we see new market lows. I'm not so sure of this. I agree that the problems haven't been fixed, but with what is going on in the recent downturn of the dollar and bonds, investors might not hide there. If we see the inflation that he is predicting some of money will go to stock markets and could use a the large correction that he mentions as a buying point.













My Comments: Choosing silver over gold is a vote for inflation. Yes the IMF continues to talk about selling Gold...It should push gold lower but if central banks and Govts buy it all up then it might depend on what they decide to do with the gold if the purchase it.

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