{"id":17495,"date":"2016-02-08T13:14:59","date_gmt":"2016-02-08T18:14:59","guid":{"rendered":"http:\/\/olduvai.ca\/?p=17495"},"modified":"2016-02-08T13:14:59","modified_gmt":"2016-02-08T18:14:59","slug":"legendary-investor-jim-rogers-warns-most-people-are-going-to-suffer-the-next-time-around","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=17495","title":{"rendered":"Legendary Investor Jim Rogers Warns: \u201cMost People Are Going To Suffer The Next Time Around\u201d"},"content":{"rendered":"

Legendary Investor Jim Rogers Warns: \u201cMost People Are Going To Suffer The Next Time Around\u201d<\/a><\/h3>\n
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Back in the 1970\u2019s as recession gripped the world for a decade, stocks stagnated and commodities crashed, investor Jim Rogers made a fortune. His understanding of markets, capital flows and timing is legendary.<\/p>\n

As crisis struck in late 2008, he did it again, often recommending gold and silver to those looking for wealth preservation strategies \u2013 move that would have paid of multi-fold when precious metals hit all time highs in 2011. He warned that the crash would lead to massive job losses, dependence on government bailouts, and unprecedented central bank printing on a global scale.<\/p>\n

Now, Rogers says that investors around the world are realizing that the jig is up. Stocks are over bloated and central banks will have little choice but to take action again. But this time, says Rogers in his latest interview with\u00a0CrushTheStreet.com<\/a>, there will be no stopping it and people all over the world are going to feel the pain, including in China and the United States.<\/p>\n

We\u2019re all going to suffer\u2026 I can think of very few places that won\u2019t suffer. But most people are going to suffer the next time around.<\/strong><\/p><\/blockquote>\n