"What will happen is that the FED will continue to taper and the markets will get worried each time and eventually, the markets will go down 10 to 20 percent. Then the central banks will get scared, especially in Washington. Remember, these people are just bureaucrats, these are just academics. That is why they work for the government. They do not know what they are doing. If they get scared, they will start printing money again and then the market will heave a big sigh of relief and go up again." -
in Economic Times
You can keep reading Jim`s market updates and financial commentary on the new website:
Rogers on The Markets (click on the link or on the image below to access the new website)
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.
