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Jim Rogers latest – bitcoin, gold, silver, Fed, stock market

Silver Doctors, Released on 12/11/17

The legendary investor tells Silver Doctors, “Just because it looks like a bubble doesn’t mean its the end of the story.” Roger’s says the Internet will change money as we know it. Will Bitcoin be the change? Possibly, however, Bitcoin looks like a bubble right now, he says. “Bubbles can go on a long time, and they often do,” Rogers notes. “Just because it looks like a bubble doesn’t mean its the end of the story.”

The world has a money problem. People are losing confidence in governments and their currencies, Rogers says. At these times throughout history, people have moved their focus to gold and silver. The Fed is expected to raise rates soon, and possibly a few times in 2018. Rogers says raising rates could be a catalyst for a stock market crash. Gold and silver will crash along with the stock market initially. However, he hopes at that time he’ll be smart enough to buy more. “Before this is over,” he says, “gold and silver are going to get very over priced.”

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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