Saturday, August 12, 2017

Jim Rogers Says ‘Biggest Crisis in His Life’ is Less Than a Year Away

In the near term, I think we might be in for a stock market drop but that's about it.

Jim Rogers is much more pessimistic.

“We could see the worst crash in my entire life pretty soon,” said Jim Rogers in a recent conversation with Kitco news.

“We’ve had economic problems in the US, in North America, every four years since the beginning of the republic, to say that we’re going to have a problem is not unusual,' he said.

A four-year mini-Kondratieff cycle? I don't think so.

See Murray Rothbard on such so-called regular cycles: The Kondratieff Cycle: Real or Fabricated?


-RW

2 comments:

  1. The USDX and US equities are set to go way UP!. That is the crisis we're waiting for... the USDX UP UP UP! That's what bankrupts the world and forces a new global monetary system. DOW 40K coming soon with the phase transition.

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  2. I like Jim Rogers, but a lot of his prognostications have been wrong.

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