Investor Jim Rogers: Debt – Bitcoin will disappear – USD will come to an end – more Silver than Gold

IG Deutschland, Released on 5/3/21

Covid19 consequences:
“We have never in world history had so much money printed, borrowed and spent as we’re having now. Somebody has to pay the price for this. Politicians worry about the next election, they’re not worried about my kids. Of course there is an alternative. I would not do it the easy way.”

Currencies:
“I can see down the road that the US Dollar is gonna come to an end. It will still be there but not what it is now. The Euro is good but will it survive? I don’t know.”

Gold:
“I own Gold, but I am not buying it now and I haven’t bought it for a while. The way things are now I would buy more Silver than Gold.”

Bitcoin:
“My view is if Bitcoin becomes successful as a currency – and that’s what the supporters say – governments will say no, you must use our money as currency. Governments work on their own computer money now, they don’t want competition.”

Interesting stocks:
“I tell you one I just bought. It’s called Lufthansa.”

President Biden:
“Mr. Biden’s friends will now make money and Mr. Trump’s friends won’t make money. That’s what happens.”

Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before “retiring” at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys – once by motorcycle and once by car – and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has served as a professor at Columbia University, started his own commodity index and is a frequent media commentator worldwide. Rogers has also authored six books. He currently lives in Singapore with his family. Jim has authored a half dozen books, including: Investment Biker: Around the World with Jim Rogers (NYTimes Bestseller), Adventure Capitalist, Hot Commodities (NYTimes Bestseller), A Bull in China, A Gift to My Children, and most recently, Street Smarts.

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