Jim Rogers: Worst Crisis In My Lifetime
Stocks are selling off. Could this be the beginning of the end? Legendary investor Jim Rogers talks to Silver Doctors.
How bad will the next crash be? Stocks will fall over 50%, he says, just as it has in previous bear markets. He predicts the next crisis will be the worst in his lifetime.
While gold and silver have held up well during the sell-off over the last couple days, Rogers says the precious metals' could fall.
Lastly, Rogers talks commodities other than precious metals. He says sugar is 80 percent below its all time high.
Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Rogers has made two record-setting journeys - once by motorcycle and once by car - and is in the Guinness Book of World Records for doing so. In between his frequent travels, he has served as a professor at Columbia University, started his own commodity index and is a frequent media commentator worldwide. Rogers has also authored six books. He currently lives in Singapore with his family. Jim has authored a half dozen books, including: Investment Biker: Around the World with Jim Rogers (NYTimes Bestseller)
