• Sprott Money
    05/26/2016 - 05:58
    How many “emergency” “secret” meetings do the central planners around the world need to have before the citizens of the respective countries begin to fully understand and take notice that something...

"You Should Be Very Worried, You Should Be Prepared" Warns Jim Rogers

Tyler Durden's picture




 

"[Central Banks] think they are smarter than the market," exclaims billionaire investor Jim Rogers, "they are not!"

Warning CNN in this brief but disturbing reality check that "we are all going to get hurt by a global recession," Rogers takes aim at the incompetence of the "academic and bureaucrats who don't know what they are doing," raging that "this is going to be a disaster in the end."

Rogers concludes:

"You Should Be Very Worried, You Should Be Prepared"

200 Seconds of awful truth...

And if you are not concerned enough, Rogers did an extended radio interview, explaining that the inevitable consequence of disastrous easy-money policy from central planners is war...

Highlights:

39:35 - Jim discusses inevitable consequences of disastrous easy-money policy from central planners is war.

40:00 - Jim discusses heightened xenophobia during difficult economic times and how it can lead to conflict.

40:57 - Jim discusses how the coexistence of a rising world power and a stagnant or in-decline world power leads to conflict.

42:26 - Jim discusses precious metals.

45:30 - Jim discusses a history of poor leadership from US Presidents will continue, money printing and currency debasement will continue, no matter who gets elected this year.
 
47:49 - Jim discusses coming sovereign debt crises, loss of confidence in government, and how it can lead to war.

48:35 - Jim says "read your history," politicians will continue to make things worse, capital controls will intensify, economic conditions will continue to deteriorate and war is likely.
 
52:05 - Jim says that by plot of pure circumstance, the USD will fall from its place as world's reserve currency. Dollar will destroy itself and a replacement will come along.

54:30 - Jim discusses potential bubble in the USD

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Tue, 02/16/2016 - 18:04 | 7193968 Eurotrash Sorehead
Eurotrash Sorehead's picture

War.....or the ZIKAhoax - here's more about the latter
http://www.redicecreations.com/radio/2016/02/RIR-160215.php

Tue, 02/16/2016 - 18:22 | 7194054 Dorkface
Dorkface's picture

I enjoyed watching Jimmy guest host with Mark Haines on Friday mornings back in the 90s.

I remember the day he announced he was buying oil stocks with both hands - oil was in the dumps...trading around $10/bbl.

His tune hasn't changed much, but he's a true entrepreneur and always entertaining.

Tue, 02/16/2016 - 18:35 | 7194104 Bokkenrijder
Bokkenrijder's picture

Jim doesn't sound very healthy; shortness of breath, sort of burping at the end.

Extreme stress?

Tue, 02/16/2016 - 18:51 | 7194183 ilion
ilion's picture

Does anybody know what trading strategy is this guy from Tickmill using: 
http://www.tickmill.com/wp-content/trader_of_the_month/statements/TOM-Ja...

Tue, 02/16/2016 - 19:22 | 7194252 chicaboomboom
chicaboomboom's picture

How does one understand the mind of these f()@#! up central bankers? https://goo.gl/bFYusM

Tue, 02/16/2016 - 19:33 | 7194337 Element
Element's picture

everyone's, got to post a link huh?

Tue, 02/16/2016 - 19:40 | 7194360 MagicHandPuppet
MagicHandPuppet's picture

"Cupcake"... now, that has a ring to it!  And, makes me want a sweet snack while watching the price of gold go up.

Tue, 02/16/2016 - 21:27 | 7194730 peddling-fiction
peddling-fiction's picture

@Bokken

Maybe his symptoms are kind of like the market´s burps and farts.

Tue, 02/16/2016 - 23:00 | 7195144 markmotive
markmotive's picture

‘We need to let oil market hit bottom, then you start over’ – Jim Rogers - See more at:

http://www.planbeconomics.com/2016/02/we-need-to-let-oil-market-hit-bott...

Wed, 02/17/2016 - 05:22 | 7195877 Bokkenrijder
Bokkenrijder's picture

Okay, since everybody and his brother is pasting links, even if they got nothing to do with this story like WTFRLY, I'll also give it a shot. Completely ON topic though.

Maybe this is what's causing Jim's shortness of breath: a massive banking crisis brewing in his new hometown Singapore? http://davidstockmanscontracorner.com/the-banking-turmoil-spreads-massiv...

Wed, 02/17/2016 - 07:47 | 7195944 VinceFostersGhost
VinceFostersGhost's picture

 

 

Trump’s Spokeswoman Asks If 9/11 Was An “Inside Job” – Before the Campaign

 

PULL IT!!!

 

You can't just "pull" a building.....it takes weeks of work and planning. You have to weaken load bearing members and set charges. It can actually take months.

https://www.youtube.com/watch?v=972ETepp4GI

 

Top 10 Demolitions Gone Wrong

https://www.youtube.com/watch?v=XHcCbY2wY38

 

How To (Safely) Demolish A Building

https://www.youtube.com/watch?v=JQPWpY24B0Q

Tue, 02/16/2016 - 19:13 | 7194264 Vlad the Inhaler
Vlad the Inhaler's picture

I beleive his strategy is BTFD.

Tue, 02/16/2016 - 19:37 | 7194352 mosfet
mosfet's picture

Or maybe to BTBFD (buy the big fucking dip) in a couple years when S&P is 1/2 off.

Wed, 02/17/2016 - 14:08 | 7197658 StandardDeviant
StandardDeviant's picture

He follows links posted by annoying blog pimps, then jumps in with both feet.

Tue, 02/16/2016 - 19:35 | 7194343 Reichstag Fire Dept.
Reichstag Fire Dept.'s picture

Jim Rogers is short of breath because he knows he's going to take a big hit and he doesn't know which way the hit is coming from...but he's got gold. He's got a lot of gold. Jim didn't make his bones being dumb about the direction of markets.

Tue, 02/16/2016 - 19:35 | 7194344 Reichstag Fire Dept.
Reichstag Fire Dept.'s picture

Jim Rogers is short of breath because he knows he's going to take a big hit and he doesn't know which way the hit is coming from...but he's got gold. He's got a lot of gold. Jim didn't make his bones being dumb about the direction of markets.

Tue, 02/16/2016 - 20:00 | 7194444 Citxmech
Citxmech's picture

He's getting up there in years too I think. . . 

Tue, 02/16/2016 - 21:54 | 7194855 fiftybagger
fiftybagger's picture

Born 1942, so mid 70s

Wed, 02/17/2016 - 01:01 | 7195393 LowerSlowerDela...
LowerSlowerDelaware_LSD's picture

Yep, he's at that age where he will probably die in a hotel room with a pillow over his face and a "judge" named Cinderella will claim that it was a heart attack, disallowing an autopsy.

Wed, 02/17/2016 - 01:18 | 7195600 KesselRunin12Parsecs
KesselRunin12Parsecs's picture

Maybe he'll die in a jousting accident (your tractor against his)

Wed, 02/17/2016 - 01:43 | 7195655 Eurasian stacki...
Eurasian stacking newb's picture

Was that a "footless" reference? ....

Wed, 02/17/2016 - 08:05 | 7196021 jwoop66
jwoop66's picture

Sounds like he had a recent stroke or something.  

Wed, 02/17/2016 - 00:21 | 7195447 American Psycho
American Psycho's picture

The guy usually rides his stationary bike during interviews.  Multitasking at its finest.

Tue, 02/16/2016 - 19:23 | 7194294 JangoFett
JangoFett's picture

He probably had enchiladas for lunch lol.

Tue, 02/16/2016 - 19:50 | 7194415 Duc888
Duc888's picture

 

 

Shortness of breath, he inhaled his bowtie.

 

Now when he farts he sounds like a Fokker D VII just off idle.

Tue, 02/16/2016 - 20:01 | 7194446 Citxmech
Citxmech's picture

+1 for the D-VII referance!

=]

Wed, 02/17/2016 - 01:19 | 7195602 KesselRunin12Parsecs
KesselRunin12Parsecs's picture

if he farted out of his mouth, his bowtie would probably start spinning around. (that's how you can tell)

Tue, 02/16/2016 - 21:05 | 7194652 ok
ok's picture

I know Jim personally. He usually pedals a stationary sitting bike while he does interviews to stay active. Either that or fiction i forget.

Tue, 02/16/2016 - 21:15 | 7194688 10mm
10mm's picture

He's in Singapore, transmissions are delayed. But like us all, we g we t old.

Wed, 02/17/2016 - 06:13 | 7195913 vesna
vesna's picture

Hm, the guy started with SOROS. Maybe the Hungarian devil is sucking his blood.

https://en.wikipedia.org/wiki/Quantum_Group_of_Funds

 

Fri, 02/19/2016 - 21:03 | 7209748 hopefulbutwary
hopefulbutwary's picture

We all get old.

Tue, 02/16/2016 - 19:04 | 7194233 besnook
besnook's picture

i miss haines. he had the best delivery in financial news with the best brains and sense of humor, especialliy when he delivered news or someone answered a question he didn't believe.

Tue, 02/16/2016 - 19:48 | 7194398 johngaltfla
johngaltfla's picture

I too miss Haines.

What is sad is that Jimmy's bet on ag is about implode in his face.

I predict $4 soy, $1 corn, $.50 wheat, and $0.25 oats before it is all over.

Jimmy is great but hyperdeflation fucks everyone up the ass.

Tue, 02/16/2016 - 20:21 | 7194515 Mr. Universe
Mr. Universe's picture

...but that would mean just about every small farmer would be wiped out. Of course big AGbiz will get bail outs and then be able to control just about all the food supply. I'm pretty sure the plan calls for sodomy for all.

Tue, 02/16/2016 - 20:32 | 7194558 Crawdaddy
Crawdaddy's picture

Same plan as back in the 60's, 70's, 80's, 90's, 00's.

Wed, 02/17/2016 - 05:06 | 7195875 Squid-puppets a...
Squid-puppets a-go-go's picture

we wont get to hyperdeflation. Helicopters will see to that.

Wed, 02/17/2016 - 08:16 | 7196045 VinceFostersGhost
VinceFostersGhost's picture

 

 

It literally costs the US zero to print money.

Tue, 02/16/2016 - 23:09 | 7195187 Cynicles
Cynicles's picture

Big ag is subservient to MonSatan. 

Wed, 02/17/2016 - 09:20 | 7196181 Spigot
Spigot's picture

Depending on the cost of production or inventory in storage. There is a break even price for the seller below which they can't release product. If spot goes below that, essentially supply will simply evaporate. Price has to fund the whole chain of production to delivery, or else the whole chain falls apart.

Wed, 02/17/2016 - 12:33 | 7197107 firestarter_916
firestarter_916's picture

The "Tunes" don't need to change if they are right. He's been right on oil and learned from hitory, obviously. He probably bought gold around the same time when it was under $300/oz.

Tue, 02/16/2016 - 18:05 | 7193973 Soul Glow
Soul Glow's picture

I think you mean Turkish terrorists.

Tue, 02/16/2016 - 19:00 | 7194216 City_Of_Champyinz
City_Of_Champyinz's picture

I cancelled my cable and now only enjoying watching these primitive muslim fucks blow each other up on youtube in ever more entertaining ways...  Fantastic!!!

Tue, 02/16/2016 - 19:47 | 7194396 Duc888
Duc888's picture

 

 

City_of_champyinz " I cancelled my cable and now only enjoying watching these primitive muslim fucks blow each other up on youtube in ever more entertaining ways...  Fantastic!!!"

 

Actually hoss, go to www.liveleak.com  Turn the nasty filter off and do some searches.... it's way better than youtube

Tue, 02/16/2016 - 20:41 | 7194582 hxc
hxc's picture

It's worldstar for white people :)

Tue, 02/16/2016 - 18:05 | 7193977 Gambit
Gambit's picture

Sorry to hijack your thread but this is too juicy to let go!  JEB BUSH FORGOT TO RENEW HIS DOMAIN NAME jebbush.com so Trump took it off his hands! hahaah go to jebbush.com

 

This is priceless!!! 

Tue, 02/16/2016 - 18:51 | 7194180 CHoward
CHoward's picture

Hahahahahahahaha - I just went to JebBush.com and sure enough - there's smiling DONALD TRUMP!!!!!

 

Fucking priceless INDEED!!  Trump can keep that doman name too - he owns it!!!!

 

Hahahahahahahahahahahahaha

Tue, 02/16/2016 - 19:40 | 7194362 Dorkface
Dorkface's picture

At least Jeb's website isn't low-energy anymore.

Tue, 02/16/2016 - 19:51 | 7194418 NoDebt
NoDebt's picture

Didn't he try out the phrase "We can fix it" at some point in his campaign?  Well, if he can't even fix his own campaign that doesn't say much about the guy.  He's a fucking stuffed shirt and it warms my heart that apparently some people are seeing that (or maybe they just don't want a Bush dynasty).  Whatever... he's done.

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