Jim Rogers was interviewed by Reuters about how a war with Syria might affect the price of gold, but he went on to spell out the economic disaster that is yet to come thanks to a “sea of artificial free money.” In preparation, what does Jim buy? Gold and hard assets that serve as excellent safe havens in times of economic turmoil.
“When this artificial sea of liquidity ends, we’re going to see panic in a lot of markets, including in the US… This is the first time in recorded history that all major central banks have been flooding the market with artificial money printing at the same time… This has never happened in recorded history. When this ends, it’s going to be a huge mess.”
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Jim Rogers: Seas of Artificial Money Spell Disaster (Video)
Jim Rogers was interviewed by Reuters about how a war with Syria might affect the price of gold, but he went on to spell out the economic disaster that is yet to come thanks to a “sea of artificial free money.” In preparation, what does Jim buy? Gold and hard assets that serve as excellent safe havens in times of economic turmoil.
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog