Jim Rogers & Chris Waltzek on GoldSeek Radio – January 6, 2016
by Chris Waltzek
GoldSeek Radio
Chris welcomes back Jim Rogers from his Singapore office, who says a financial crisis is imminent. His largest currency position remains the US dollar, which will likely rally into a bubble which eventually implodes in spectacular fashion. Although not a safe haven, the US dollar seems impervious relative to most global currencies, for the moment. He continues to monitor the gold market for signs of capitulation, to add to his stockpile. Russian and Chinese firms present appealing investment opportunities. Jim Rogers holds short positions in US shares, in anticipation of further volatility on the heels of the Fed rate hikes and more hikes expected in the new year. If a meaningful correction does not come to pass and shares blast to new records perhaps doubling from current levels as top analysts have forecasted, the final economic endgame could follow, leading to a crisis of epic proportions. The guest takes interest in a contrarian investment – the zinc market is off over 90%, making ETF shares (ZINC) a potential turn around candidate in the coming weeks / months / years.
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Source: http://financialsurvivalnetwork.com/2016/01/jim-rogers-chris-waltzek-on-goldseek-radio-january-6-2016/?utm_source=rss&utm_medium=rss&utm_campaign=jim-rogers-chris-waltzek-on-goldseek-radio-january-6-2016
