Jim Rogers is in Singapore, but he can still weigh in on what is going to happen in 2012.

When it comes to the Euro, Jim Rogers sold his Euros a few months ago, but he is now looking to buy some more in the near future. There is a huge short position, and there are 40 elections in 2012 around the world. Because of this, there will be a lot of spending and market distortions caused by governments.

This will be a terrible decision, and we will all have to pay for this down the road. But in 2012, people will all feel good about it. However in 2013 and 2014, we will all feel the effects of a hangover.

The governments will all make us feel good through the elections, but it will all lead to disaster. The central banks have already said that they are going to spend more money. By the Fall of 2012, the markets will begin to wake up to this sham.

None of this will be a good thing. Perhaps the Germans will resist these schemes. They will do whatever they need to continue to centralize their government and to make it more powerful. Germans hate bailing out the Greeks and the Portuguese. So their politicians will most likely avoid bailing them out through the election cycle, at least on paper.

You might want to buy some Swiss Francs. There is going to be a lot of currency turmoil in 2012, and the Franc is a currency that people typically look to as a safe haven, along with the Yen and the United States Dollar.