In this video, you definitely get an update of Jim Rogers on commodities. Mr. Paulson and Bernanke have been dead wrong every single week. You might want to hold a lot of cash, and buy some Yen, Swiss Francs, and Agricultural stocks.
You might not want to buy equities when the economy improves. Their fundamentals have been highly impaired. Jim Rogers on commodities: they have much more favorable fundamentals.
The way to solve this problem is to let people go bankrupt, and to let the competent people with assets take over for the incompetent people.
We had the worst excesses in world history. You can’t just wake up in the morning and expect it to go away. The G20 leaders are going to get together and try to put together another plan. They are engineering an inflationary holocaust.
People need to save their money, keep their powder dry, and maintain stability in their country.
When you print a tremendous amount of money, and flood the world with it, historically that has led to inflationary events.
