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Jim Rogers Gold - Way Better Than Cash

As far as the stimulus goes, things will get better for the people who receive the money. To Jim Rogers gold is the obvious place for the average person to keep his money. For everyone else, it will be worse. The only thing that has worked in the past was to let the failures go bankrupt so that more competent people can come in and buy up their assets.

These politicians all think that they have to do something. They think that if they pass around enough money, then they’ll be able to get enough votes to win the next election. Ben Bernanke has never been right one time. If you take any advice from Bernanke, then you are going to go broke extremely fast. Geithner is just as bad. These are the guys who caused the problems, and now they are the people who are supposed to solve the problem.

There is no such thing as too big to fail. There were plenty of banks who were waiting in the wings looking at the mistakes these big banks were making. They were waiting for them to go bankrupt so that they could swoop in and gain market share. That didn’t happen because the government bailed out the bad banks. It wasn’t necessary.

You should get rid of any remaining US dollars that you have in your portfolio. For Jim Rogers gold and other real assets like cotton or zinc are much better. These are real products that people use. No one knew what dot coms were, and people were putting billions of dollars into them. Now the money will be in real things.

Central banks are the most responsible for this - if you insist on placing the blame in one spot. If the United States central bank had let banks fail for the past 20 or 30 years, then we wouldn’t be close to this mess. Politicians around the world are just as bad as the US politicians. Listen to Jim Rogers gold should be in your portfolio.

Latest Jim Rogers - Geithner is Wrong

The United States doesn’t have a plan, and they haven’t had one for a couple years, according to this latest Jim Rogers video. It is simply the taxpayers bailing out Wall Street. We are now on the hook for trillions of dollars for these bailouts. They have stolen trillions of taxpayer money in order to bail out their friends.

Geithner is totally the wrong guy for this job. He was in charge of the New York Fed. He was in charge of making sure that Wall Street played within the rules, and now he has the keys to the entire treasury. He saved Bear Sterns so that all of his friends could get their bonuses. It is all the same mistakes that Japan made in the 1990s. He said that the only problem with Japan is that they didn’t spend enough money. That is nonsense. They did nothing but spend money. They build bridges and highways to nowhere.

Finally, the latest Jim Rogers prediction is that we are going to have serious inflation here in the United States. Dollars will become more and more suspect, and more and more under duress.