Jim Rogers “Quite Sure” Gold Will Hit $2000, Dollar Will Lose Reserve Status
- The question isn’t whether but when the USD collapse will come. This quarter we will see precipitous drop of the USD. Yahoo Finance reports :
Famed investor Jim Rogers is “quite sure gold will go over $2000 per ounce during this bull market.” Rogers’ confidence gold will continue to rally stems from a view the U.S. dollar is on its way to losing status as the world’s reserve currency.
“Is it going to happen? Yes,” Rogers says. “I don’t like saying it [and] I’m extremely worried about it but we have to deal with the facts. America is not getting better [and] the dollar is going to be replaced just like pound sterling [was].” Rogers didn’t offer a timetable, and it’s likely gold would exceed $2000 per ounce if the dollar were to lose its reserve status.
Still, “I wouldn’t buy gold today,” Rogers says. “I think I’ll make more money in other commodities, which are cheaper,” as discussed in more detail here.
Among many others, Rogers is “worried about the fact the U.S. government is printing huge amounts, spending gigantic amounts of money it doesn’t have,” the investor and author says. “People are very worried [and] skeptical about paper money [and] looking for places to protect themselves. The best way is to buy real assets. [That] has always protected one during currency turmoil, and it will again.”
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Former UN Chief Inspector: There Were NO WMD in Iraq!
- Do you really believe in all the MSM propaganda on Iran? Remember what happen prior to the 2003 Iraq invasion? The PTB wants to attack Iran because Iran is threatening their USD hegemony! Iran is not a nuclear threat to anyone. See also :
The Real Reason Why USA & Israel Will Attack Iran!
America and Israel: More Lies, More Deception on Iran!
An Attack on Iran By America and Israel: Gold’s Blast-off?
Israeli, US Army Chiefs Hold Secret Talks on Iran!
Key Facts to Keep in Mind While Opposing War Against Iran!
Former UN Weapons Inspector: United States, Israel Creating Iran Crisis ‘Out of Nothing’.
Iran NOT After Nuclear Weapons, says IAEA Chief!
Ray McGovern: IRAN is IRAQ Part 2 !
Iran vs Israel: What The Media Wants You To Forget !
Iran, IAEA, Another War in the Works !
Iran’s Nuclear Program: Iran Truthful, in Treaty Compliance; US/Israel Lying, in Treaty Violation! False Flag, Lies and Nuclear Bombs!
Liberals and Democrats Will Support the Coming Mass Murder Campaign Against Iran !
Turkish President Erdogan: Focus on Israeli Nukes, not Iran Nuclear Energy Program !
Iran’s Nuclear Facilities: The Facts! Who is Really Destabilizing the Middle East?
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