JIM ROGERS - The WORLD is Heading for FINANCIAL MELTDOWN.

JIM ROGERS - The WORLD is Heading for FINANCIAL MELTDOWN. The yellow metal took a big hit in 2013, registering its biggest drop in last three decades, as the super cycle in commodities got challenged and the basket made a U-turn. How will 2014 be for gold? "There are huge shorts that have developed in precious metals as you know. So, it's overdue for a rally. We had a big drop in 2013. Everybody got negative, everybody got short. So, we are going to have a rally," says Commodities Guru Jim Rogers. Jim Rogers, a high-profile American investor, still believes North Korea is one of the most promising investment spots in the world. Speaking at road shows in Europe this month, he said he is willing to bet all of his money on the communist nation, according to the Voice of America. "Another country in Asia that I'm extremely optimistic about, I'll put all of my money there if I could, is North Korea," Rogers said in Britain Tuesday. He is apparently not optimistic of the North Korean economy itself; North Korea is under strong U.N. sanctions. Jim Rogers: There are huge shorts that have developed in precious metals as you know. So they are overdue for a rally. We have had a big drop in 2013 and everybody got negative and everybody got short. So we are going to have a rally, though not too much of the rally. I am not going to either buy or sell that rally, but there will certainly be a rally. Jim Rogers, the international investment guru, said central banks around the world are arranging deck chairs on the Titanic, but if he had to recommend where to invest in stocks in Y 2014, 2 of his top picks would be Japan and China. HEFFX a Better Way to Trade Rogers said the global environment of ultra-loose economic policies, characterized by nations that run huge government debts while printing gobs of money, will lead eventually to a massive world hangover. "When it pops, when this artificial sea of liquidity dries up, it's not going to be fun," he said in a TV interview. "But I don't see any reason why it will stop anytime soon." Mr.Rogers noted the Japanese stock market is still 70% off of its all-time high, while the US is currently hanging around all-time highs, and that a new law in Japan makes it tax-free to invest in stocks. "I've been investing a long time, and every time a country does that, people invest," Mr. Rogers said. He predicted Blue-Chip stocks in particular will do well in Japan for the time being. "Then the central banks will get scared. These guys are just academics and bureaucrats. Then they'll start printing money again and the whole thing will get more and more elevated and more artificial."Jim Rogers, the international investment guru, said central banks around the world are arranging deck chairs on the Titanic, but if he had to recommend where to invest in stocks in Y 2014, 2 of his top picks would be Japan china "jim rogers" russia investment crisis economy america u.s. "united states" usa debt europe euro fear collapse greece spain italy portugal bonds problem japan currency "credit card" forex "interest rate" money cash borrow stocks shares "forex trading" population default country bitcoin litecoin gold silver "gold eagle" "silver coin" "silver eagle" "sell gold" "gold trading" china chinese consumer 2014 property "real estate" trends rich elite power control "bank account" banking "agenda nwo" lindsey williams global currency reset wall street collapse usd lottery unemployment jobs printing qe infinity ben bernanke fed federal reserve gerald celente commodity sugar farming north korea farrakhan speech future Rogers said the global environment of ultra-loose economic policies, characterized by nations that run huge government debts while printing gobs of money, will lead eventually to a massive world hangover. "When it pops, when this artificial sea of liquidity dries up, it's not going to be fun," he said in a TV interview. "But I don't see any reason why it will stop anytime soon." Mr.Rogers noted the Japanese stock market is still 70% off of its all-time high, while the US is currently hanging around all-time highs, and that a new law in Japan makes it tax-free to invest in stocks. "I've been investing a long time, and every time a country does that, people invest," Mr. Rogers said. He predicted Blue-Chip stocks in particular will do well in Japan for the time being. Since the Chinese government has said it intends to sink significant resources into cleaning up pollution, railroads and healthcare, he predicted related stocks that focus on those areas will do well. But what about the backdrop of unfettered government fiscal policies?