Jim Rogers is coming out with another warning. The major central banks have been printing money over the last several years and Mr. Rogers believes it has created in artificial bubble that can’t last much longer. While he cannot be 100% certain of the results to come, he is almost positive that most Americans and people across the world will struggle immensely with financial pains. It is not only the United States, but several major countries around the world are printing money with no end in sight, further decreasing the value of the currency in the shadows. This is creating this “artificial ocean of liquidity” and that’s why nobody is complaining… yet.
Jim even mentions that it does appear that the markets are doing well but the economy as a whole is stagnant and in decline. “When this ends, we will all pay a terrible price” and Mr. Rogers is not the only one to believe this.
At about one minute and 45 seconds in the video, you hear Mr. Rogers confirm that owning gold, specifically gold coins versus gold bars is going to be a much more practical solution for using in the markets, such as using at the grocery store or even to buy gas. There is of course no guarantee on exactly what will happen but we do know the dollar has lost much its spending power and many countries are looking for a different alternative currency that could replace the dollar. China and Russia being among the first to neglect the US currency.
So are we worried? Kinda… But we are also preparing and going to be well equipped to ride this out. And we suggest you do the same. There is no reason why we should not be prepared. We both know in the end whatever happens, you will be happy to have that peace at mind. This is one of the main reasons we have participated with Karatbars.
You don’t need to look very far and you will see that some of the wisest and wealthiest individuals on the planet are advising that you purchase gold. The best part is, you don’t need to be rich to acquire a little gold. With Karatbars, you can purchase smaller quantities and start building your collection over time. Karatbars International GmbH specializes in the sale of small 999.9 pure gold and we can deliver right to your home.