Monday, April 4, 2011

Jim Rogers: "Staggering problems" are coming to America

From an interview with The Daily Bell:

Daily Bell: What trends are you emphasizing in your public speaking these days?

Jim Rogers: I'm speaking but I am not sure people are listening. They haven't been listening to the rise of China or the problems with the U.S. dollar and more and more currency turmoil. People don't listen about how inflation and commodity prices are going to continue to skyrocket. The things I have been talking about for several years are right and they continue to be right. I talk about more and more social unrest and there is going to be more social unrest.

Look what is happening in Libya, Tunisia, and Egypt. I talk about these things, and they turn out to be right, but people do not want to accept them, so unfortunately you have opportunities from this but once everybody thinks the same way, there's no opportunities left. I still see what has been happening, will continue to happen. Eventually everybody will know how to spell commodities. Eventually everybody will know how to find China on a map or even the Pacific Ocean on a map, but in the meantime, that is still years away.

Daily Bell: What do you think of these color revolutions taking place? We think that there is considerable interference by the West and especially America. Comments?

Jim Rogers: Well, as I have said, there is going to be more social unrest and I have been saying this for several years now...

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More from Jim Rogers:

Jim Rogers: Silver is one of the few safe refuges left

Jim Rogers: "We're at a moment of truth for the dollar"

Jim Rogers: How anyone can profit from the coming crisis


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