Jim Rogers: Great Depression 2.0?
by Tyler Durden
ZeroHedge.com
Sun, 11/01/2020
PeakProsperity’s Adam Taggart writes that a legendary investor foresees hard times ahead…
Jim Rogers is not only one of the most successful investors of our era, he’s also an avid scholar of history.
Seeing that the world is buried under an unprecedented mountain of debt that is requiring more and more central planner intervention to keep from imploding on itself, Jim says history is clear on what happens next.
A clearing of the debt either via massive default, or destruction of the currency it’s denominated in.
He looks into the future and sees a terrible reckoning ahead; one he predicts will be “the worst economic crisis of my lifetime” — and Jim is 78 years old.
So where should investors look to preserve the purchasing power of their wealth against what’s coming?
Jim highly recommends precious metals and other commodities as an important part of the solution. As an overall index, commodities are the cheapest they’ve ever been vs the general stock market in over half a century:
The Rest…HERE
