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Wednesday, June 10, 2009
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Home » Money Watch » Jim Rogers: “The Worst is Not Over” 6/9/2009

June 10th, 2009 at 11:39 am
OF COURSE the WORST IS NOT OVER!! It’s barely begun. I have a personal bet for ONE troy OZ Gold that the DOW hits 5,000, descending, by years end. I could not get my aquaintance to go for a larger bet! All you real Americans, better start stockpiling food, seeds, water filters. You should have already have stockpiled guns and ammo. The best quote I’ve seen recently is,”If you are thinking about burying your guns, it is already time to dig them up!”.
Madman Reply:
June 10th, 2009 at 5:55 pm
Patriot Gal, I like your style…
Still, the guns that are buried are for parts, etc…
Stockpiling on food and ammo will be unthinkable when the hyperinflation hits, so best to do it NOW.
I think you are right on the money about the stock market hitting the big 5 o. Might be three months, might be a little longer, but it’ll get there.
Best to keep the guns, locked, loaded and near by…ready to go.
June 10th, 2009 at 1:46 pm
Absolutely correct, Patriotgal !!!! You’re going to need whatever you have, either to eat, drink, or protect what you have. The shumer has struck the rotating oscillator, it’s just not happening as fast as we might think. Watch a SWAT team. THEY move SLOWLY until they can get in position to complete their mission, then it’s “rock & roll”.
June 10th, 2009 at 5:21 pm
Jim Rogers other videos are a MUST, I follow him through http://www.allthingsjimrogers.com/
June 10th, 2009 at 9:47 pm
Of course they move slow at first, building a position. It took 2.5 years for Bush Sr to move on Noriega. I wish I understood commodities. I always worked in stocks. Understood bonds, but loved stocks at the time. Out of all of it since 04. but that advice makes perfect sense. Too bad I only know enough about commodities to stay out fo them. On the plus side, I’m still a good shot!
June 11th, 2009 at 3:05 am
You guys are nuts: the British economy is already out of the recession and things are booming here. America will soon follow. Things are recovering.
June 11th, 2009 at 1:06 pm
if you are a trader, you were making money all the time.
there is no ”worst”, it is good all the time.
learn how to trade.
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