Why are the dollar’s days numbered?

“The greenback faces serious devaluation as spiraling national debt and a worsening economic crisis undermine it’

“America’s growing debt problem is “out of control” and Federal Reserve Chief Ben Bernanke’s strategy of printing money is a “terrible policy,”

“Bernanke “does not understand economics, he does not understand markets … he is going to run those printing presses until we run out of trees”

The dollar is going to have “serious problems down the road,”

Why commodities?

“In the face of economic uncertainty, commodities will go through the roof. Over the next ten years, everyone in the world is going to be talking about commodities”

“Commodities will boom during times of economic stress, because demand will stay high even though there will be supply shortages,”

“When supply goes down and demand goes up, that’s a bull market”

“The only place I know where the fundamentals are unimpaired is commodities”

“Nearly every oil-producing country has declining reserves”

“Africa as being a key continent for oil exploration going forward. He also speculated that a commodities bull run could last until 2020.”

How long will the commodity bull market last?

“If you follow history, bull markets will last 18 to 20 years,” he said. “So I would expect the commodity bull market to end in 2020, but there are no guarantees.”

Africa!!!!

“”China has got the right idea and has spent the last ten years buying up Africa’s natural resources,” he said. “If there were more of me I would be over in Angola, Ethiopa, Botswana and Tanzania.”"

Thoughts on oil…

“Rogers was also positive that oil will hit the $100 mark again, “Maybe not over the next year,” he told Energy Risk. “But it will rebound over $100 over the remainder of the bull market,” he said.”

What about stocks?

“Stocks at best are going to continue in a big trading range”

Source: http://www.cnbc.com/id/27717135

Source: http://www.energyrisk.com/public/showPage.html?page=826427

Related posts:

1. Jim Rogers Bullish On Commodities, Not Stocks- Time Jim Rogers’ daughters may not have been born with silver...
2. Jim Rogers buys dollar, predicts $2000 gold by 2019 Jim Rogers buys dollar, predicts $2000 gold by 2019 Bulls...

Related posts brought to you by Yet Another Related Posts Plugin.