Platinum market faces third consecutive deficit in 2025, WPIC says
Platinum market deficit will be lower in 2025 than 2024, WPIC says.
Ron Paul and Jim Rogers shared a stage earlier this year in Santiago, Chile, to discuss what they consider to be the economic collapse awaiting us all should central banks continue to run their printing presses at full steam.
The two present-day champions of sound money and Austrian School Economics did not shy away from harsh language, painting an ugly picture of the future:
Paul quotes:
“I believe that the unemployment rate in the United States is over 20%.”
“I would expect that there’s going to be a lot more chaos yet to come…and it won’t be limited to Europe. I think it will be a worldwide phenomenon, the States won’t escape it either.”
On US government confiscation of assets: “They will do what they think is necessary. They’ll use force, and they’ll use intimidation, and they’ll use guns.”
Rogers quotes:
“The present head of the central bank does not understand economics. He does not understand finance. He does not understand currencies. All he understands is printing money. His whole intellectual career has been devoted to the study of printing money.”
“They won’t take our bank accounts, they’ll take our retirement accounts: they’ll take our 401(k)s.”
7 Comments
floyd
Rogers usually speaks rubbish.
NewsBooze
This old though find out the newest jim Rogers interviews at http://www.jimrogersinvestments.com thanks
Peter Smithy
Market Sanity posts all of jim rogers videos and articles, as well as Ron Paul, Marc Faber, Peter Schiff, Gerald Celente, David Morgan, Jim Rickards, David Stockman and others. And they are always current. That’s what I use at least, and no complaints here
Peter Smithy
oh ya, the URL is http://marketsanity.com/
disqus_MYG0KncVGa
I was at Simon’s conference. It was an amazing array of great speakers. Ron was a complete surprise.
Most of the people there were interested in seeing Simon’s sustainable community. His project (now on hold) ended up not being open for tours, but we took a number of clients to Freedom Orchard.
Kreal
As the saying goes, there is wisdom in our elders – though how much should we take to heart when they no longer live amongst the common man. Then again, hubris sells.
The solution to a number of these issues is…growth. The world’s population will be over 9B by 2050 – that is a lot of cars and houses!
John VanPlantinga
The Illuminati Degrees’ Great Work of Ages people work as two sides of the same coin: (Heads): as in the previous US administration, thru the central bank they work to build bubbles which when popped only concentrate wealth; (Tails) they tell us about the catastrophe they have created, as in this article.
The Fed is the centerpiece they use to create the cycles using the same principle: Under Rothschild direction with Greenspan as a place man, the Fed suckered the world into debt in Act One, then the same group, appointed Bernanke as a place man to foreclose on that debt, driving the world to the preplanned financial collapse. Their cure: more debt to lay the groundwork for the next act which the above fellows advertise to let us know we can do nothing about it. They all work together Ultimately the plan is to concentrate wealth in the hands of a very few and have everyone else owe.