November 22, 2013

The Dangers Of The U.S. Stock Market

"It’s artificial what’s going on, you have this lady in Washington printing a lot of money, and it’s a very artificial kind of scenario. Now fortunately - I know that. But a 25 year old will think this is the way the world is; stocks are going up, everything she buys works, and she has nothing to worry about, she thinks this is the best thing ever. It’s a market like this that you need somebody who doesn’t understand what’s going on, and I’m sure there are other markets like it too, but the U.S. is the obvious example of a market like that as we speak, herein, going into 2014." - in Gold Seek

Related ETF: SPDR SP 500 ETF (SPY)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.
eXTReMe Tracker