Henry Blodget examines market valuations and the dismal expected returns that go along with them. Jim Rogers says the market will crash in the next few years and calls the Fed clueless. Henry Blodget dives deep into two charts from John Hussman. Based on many different market valuation measures, stocks are extremely expensive.
Blodget does point out that stocks can always get more expensive in the short term. However, the expected long-term return on a portfolio of stocks, bonds, and cash is very low based on these valuation levels. An interview with legendary investor Jim Rogers. Rogers predicts a market crash in the next few years. One that he says will rival anything he has seen in his lifetime. He also goes after the Fed.
Rogers says the Fed is clueless and is setting the US up for disaster. Rogers likes investing in depressed markets. Rogers says its just like your parents taught you... "Buy low and sell high. Don't buy high and hope it goes higher." He is investing in China, Russia, Japan and agriculture.
All these markets are depressed. Unlike the US which is at an all-time high. Though Rogers says the most important thing is to invest in what you know.
BullionStar is proud to present our exclusive interview with the legendary American investor, Mr. Jim Rogers. In this exclusive interview, Mr. Jim Rogers shares his perspectives on the global economy and on gold.
The interview touches on the potential catastrophe in the global economy and the opportunities it brings, the importance of acquiring physical gold and silver for insurance, Singapore being one of the best countries to acquire bullion and much more.
Jim Rogers sits down with Birch Gold Group, where he discusses the recent actions seen in the precious metals space. He explains how he hopes gold and silver continue to go lower, so that he can then purchase more, at a steeper discount. Ultimately, Jim Rogers see's both gold and silver moving higher in the long term. - Video Source