JIM ROGERS: PROTECT YOURSELF FROM CURRENCY DEBASEMENT WITH GOLD, SILVER, WHEAT, OIL, NG
AUGUST 23, 2012
On the heels of yesterday’s Fed Minutes which implied the Fed is getting ready for another massive dose of money printing, Jim Rogers tells CNBC viewers to protect themselves from currency debasement with gold, silver, wheat, oil, and natural gas.
If it weren’t for the precedents set in MF Global and PFG, natural gas would be a very intriguing play currently, as it appears to have finally bottomed. Unfortunately, stacking natural gas insn’t very easy, so we’ll continue to stick with gold and silver.