Monday, July 6, 2009

Marc Farber and Jim Rogers Discussing World Economics: A Must Watch!

Marc Faber is one of the most respected investment analyst in his field. His advice and analysis are sought after by major investors and media outlets around the world. He correctly predicted the market crash of 1987 and his predictions of rising oil, gold and precious metals prices has been accurate which he presented in 2000. He also predicted the market crash of 2007 and is currently strongly advising investors to get out of the dollar.

Jim Rogers is a renown investor and is author of several best selling books including his most famous work "Investment Biker: Around the World with Jim Rogers". He first found success by partnering up with George Soros and establishing the Quantum Fund which grossed a total return of 4700% Along with Marc Faber he correctly predicted the most recent economic collapse. He adamantly states to get out of the dollar, invest in commodities, and move to China.
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The conversation that the two had along with oil expert Daniel Jurgen took place in 2005 which makes it a little dated but a lot of the topics that they discuss are still relevant today. It would be well advised to listen to this conversation to use it as a good introduction to these two men. By listening to these two the viewer will get a good sense of what is happening in the world currently and what direction it is heading in the near future. I strongly suggest that viewers follow both Marc Farber and Jim Rogers closely and based on the information they provide develop a financial plan accordingly. In terms of the current financial collapse, we are still not out of the woods yet and it is only going to get worse. According to both Faber and Rogers once the US economy begins to make a recovery the country is going experience hyper-inflation greatly devaluing the dollar. They believe civil unrest in the U.S as well as other parts of the world is highly probable due to the tremendous lose of wealth. Don't be caught with your pants down! Gather as much information and develop a solid plan because these next couple of decades are going to be rough.

To listen to their informative and eye opening conversation click here or the picture of Marc Faber.

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