During this interview on Goldcore, Jim Rogers, shares why you need to get knowledgeable and get prepared as this crisis is going to be the worst in our life time.
Here are a few key takeaways from this interview with Jim Rogers…
◆ “I own physical gold and silver coins … everyone should own them”
◆ “I own Chinese, Russian, American, Australian, Austrian silver coins” and “I own UK gold coins and I own a lot of gold coins from various places”
◆ “Singapore has been and is a very safe location for storage, Switzerland is too, Austria is too, Liechtenstein is too, so far…”
◆ “The Generals and “all the elites” have “their gold stored in Switzerland”
◆ The next crisis is going to happen so fast that people may not have time to react
◆ The fiat currency experiment of the last 50 years is coming to a brutal end
◆ “If you know a lot about silver and gold, you might allocate 90%”
◆ Gold and silver futures will be best in terms of returns, “if the financial and futures markets are still functioning”
◆ Gold and particularly silver are set to surge even more in the coming months and years
◆ The fiat currency experiment of the last 50 years is coming to a brutal end
◆ Gold and silver are not rising rather all fiat currencies are falling versus the precious metals
◆ This is seen in the surge of gold in all currencies to record nominal highs
◆ Gold’s record high in British pounds shows sterling is “falling apart” as people “are losing confidence in sterling”
◆ “Don’t sell your silver gold and silver now even though it may go down for a while”
◆ “If you do not know much about gold, please don’t invest too much in it”
◆ “I have made plenty of mistakes” …”all kinds” …”do you want to hear about my first wife!?”
◆ “Go out and have children … my children float my boat now more than anything else”
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