Jim Rogers on Currency and US economic collapse
Jim Rogers discusses the coming currency collapse of the US Dollar silversnowball.com Why an $1800Investment in Silver Today Will Likely Be Worth $100000 Within The Next 15 Months silversnowball.com As the value of the dollar declines, the price of silver and gold increases reflecting the loss of purchasing power and trust in the dollar. This is why gold that sold for $250 per ounce in 2002 now sells for over $1162 per ounce today. The value of gold has not increased. Rather, its price in dollars reflects the decreased purchasing power of those dollars. Now here's how to take advantage of the dollar collapse to get out of debt, pay off your mortgage and more. At the time of this writing (12-5-09) the spot price of silver is $18.50 per ounce. I know this may be hard to believe for many, but when the dollar is devalued and a national banking holiday is called to realign banks with the newly devalued dollar, silver will soarnolet me restate thatthe cost of silver will shoot up and skyrocket to unbelievably high dollar amounts. Visit silversnowball.com to see how you can start getting your own silver eagle Coins from silver snowball below spot price!
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Comments
I’m not sure what I’m worried about more – the fall of the U.S. or the fall of human decency…looking at most of the comments here. I’m all for dirty humor, but some people are just crude morons. My guess is that they can be this way because they have lived an easy life, free of the need to do hard work or be respectful to others. Of course, this will change soon.
not in this video but he has before in other interviews.
He likes lead, silver, wheat, sugar and agriculture in general. He thinks gold is a good investment, but its not his favourite.