JIM ROGERS on OIL PRICE, GOLD, U.S. Dollar in 2016. World on The Brink
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I NEED YOUR HELP! - Please Support Us, Become A Patreon & Get Extra Content http://www.Patreon.com/EliteNWOAgenda SUBSCRIBE to ELITE NWO AGENDA for Latest Updates - http://www.youtube.com/user/elitenwoagenda?sub_confirmation=1 JIM ROGERS on OIL PRICE, GOLD, U.S. Dollar in 2016. World on The Brink We are now paying for the excesses of the past and everything is going to go down more than it should, says Jim Rogers, US investor and author. Meanwhile, China may play a key role in the showdown between Saudi Arabia and Iran, he added. This week, crude fell to its lowest level in more than 11 years, while Iranian outrage over Saudi Arabia’s execution of a prominent Shiite cleric spells doom for any possible production cap deal that would have reversed the negative trend in oil prices. Businessman Jim Rogers sees the steep downward trend in oil prices as reflective of severe financial problems in the global economy that began almost a decade ago with the US financial crisis. “We’re going to pay for the prices of the excesses of the past 8 or 10 years and everything is going to go down more than it should. Whenever you have something go down, it usually overshoots to the down side; just like when things go up they go up too much,” Rogers told RT. How low can oil prices go? The American investor warned that any panic in the market could drive oil prices down to new low records. “Some people are saying 20 dollars [a barrel]; I don’t know; that’s not my prediction. I’m just saying ‘be prepared’ if things will go – at least for a short time – lower than anybody could conceive.” Without providing any definite time frame, Rogers said oil prices will go “much, much higher sometime later, especially in the event of war, in which case they would go up very high – soon.” The outbreak of war notwithstanding, oil prices can be expected to jump in the future because, as Rogers explains it, “drilling is drying up.” It's simply becoming too expensive as oil prices plummet for many companies to stay in business. “They are definitely going to go up in the next few years because supply is going to dry up. Drilling is drying up; everything is drying up, and so you’re going to have much higher oil prices in the future.” The Chinese connection "jim rogers" 2016 future economy world oil "oil price" china u.s. usa america "united states" "stock market" stocks gold silver "gold bullion" "silver coins" collapse jobs employment agriculture farm farming business food wholesale "american dream" invest investment investing asia "binary options" "binary trading" trade trading cheap "savings account" banking "bank account" "elite nwo agenda" alex jones infowars rant gerald celente jsnip4 rawdogletard mark faber max keiser rich dad poor dad dollar collapse interest rate end game illuminati bilderberg Rogers went on to explain that China – which depends on oil to keep the wheels of its massive economy churning out exports - is watching the developments between Saudi Arabia and Iran with great interest. “If Iran and Saudi Arabia start a war, that’s going to be very bad for everybody and China needs a lot of oil. So of course China has a connection and wants to do something about it to keep things calm so they can continue to get oil.” “China certainly does not want a war to erupt between Iran and Saudi Arabia, and China is seen as much more neutral than anybody else. America is not neutral; the Europeans are not seen as neutral…” “I certainly would like to short more junk U.S. bonds and I’m looking for opportunities,” he said. “I’m not shorting Treasurys, I’m shorting junk, maybe I should be shorting everything but I’m shorting junk because the spreads got so narrow for a while that if there’s going to be problems they’re going to show up first in the junk bond market, later on we should probably short all bonds,” he said Gold Bounces On Return Of Stock Market Volatility Gold is a safe haven asset investors turn to during times of market turmoil Leaving aside this technical change, the SDR has been dominated by the “Big Four” (US, UK, Japan, and Europe) since the IMF abandoned the gold SDR in 1973. This is why inclusion of the Chinese yuan is so momentous
Comments
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GOLD AND SILVER HAS ALWAYS BEEN NOTHING MORE THAN A WORTHLES SOFT METAL...It is human slavery that the Islamic state wants! Not GOLD!!!End the reign of terror of the plague of Islam!! 1500 years the Islamic plague has been attacking the world around them and destroyed a once beautiful international trade route. 1500 year PLAGUE OF ISLAM!!!!
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it bottomed a month later ... nice job Jim =)
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yes she.s hot
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Get rapture ready - please accept JESUS CHRIST as your personal Lord and Savior before it's too late!!
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"I did not have sexual relations with that woman... The Hot Brunette"...
"Indeed, I did have a relationship with The Hot Brunette Anchor that was not appropriate"... -
federation of educated endorses
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Apparently Jim Rogers is unaware of the creator based economy. Yes China will dominate the global production based economy. The United States has mastered production and will continue to dominate the global economy by employing a new creator based economy. That is all I'm saying.
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- I don't trust men that wear little bow ties.
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Jim Rogers is a bullshitter. I have never heard him say anything that came true. Asshole made his fortune back in the day when fund managers could steal from people without them knowing it. Now, he just sits around talking out his ass - yet people listen to him.
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Wow she's hot
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that poor greedy f--ker needs to be looking at Casket prices.
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this woman used to put fruits up her butt in college and now she pretends like nothing happened. amazing how that works out. everyone stood around and watched. she was one of the ones shoving food up her butt and jumping in the water. now it all just gets covered up.
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The reporter is way more beautiful than I could ever hope to be ! But she hangs her head to one side asking her questions and it looks unprofessional! Please someone critique this woman then she could make it to the big time!
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I would buy her gold bullion, she is Hot!
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Question: If she could spend the night with good oll Jimmy......mmmmm.......what would she do?
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Hydrogen cars, graphene batteries, Searl electric generators, Ceramic oxide power cells.
The era of oil is over. -
Why does he almost always look like he's trying to pinch a loaf?
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That guy is the same who said: Buy gold buy gold you will be rich then gold went down many become poor. Then he said learn mandarin China will rule the world keep buying gold learn chinese go to china you will be rich and stupid people believe that RT agent then they lost on gold , china went down etc but you still cheering to those Putin agents who only wants the worst for the United States.
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Miami sucks. Too hot, humid & and crowded. I know someone who just left, and I did too.
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amirra nice to look upon for sure. im not too excited about her political view. it sounds like the NWO has said something to mr. rogers.
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