Jim Rogers the "Commodity King" is convinced that even though the stock markets around the world are going up, the world's economies are worse off. The reason? central banks of the world have the wrong approach to begin with.
But eventually they will be running out of trees to print money on, so claimed Jim Rogers. Eventually he sees inflation and interest go up. He advises investors to buy into real physical asset such as gold and silver.
His argument? In the economy does get better, commodities will go up. If not, central government will keep on printing money, so commodities will still go up.
Alternatively, and better yet, he thinks there is money to be made to become a farmer. "We have a shortage of farmers developing in many countries in the world", he said.
But eventually they will be running out of trees to print money on, so claimed Jim Rogers. Eventually he sees inflation and interest go up. He advises investors to buy into real physical asset such as gold and silver.
His argument? In the economy does get better, commodities will go up. If not, central government will keep on printing money, so commodities will still go up.
Alternatively, and better yet, he thinks there is money to be made to become a farmer. "We have a shortage of farmers developing in many countries in the world", he said.
