Jim Rogers: Get Ready for Cheap Money ‘Run Amok’

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“‘If Obama wins, it’s going to be more inflation, more money printing, more debt, more spending.’ Rogers told CNBC, saying he expected to sell U.S. government debt and buy precious metals, such as gold. ‘It’s not going to be good for you me or anybody else.  It looks to me like the money printing is going to run amok now, and spending is going to run amok now,’ Rogers stated. ‘I have to invest based on what’s happening and not what I would like.’  Rogers said that he didn’t vote for either Romney or Obama, saying that ‘they’re both evil as far as I’m concerned.'”

http://www.cnbc.com/id/49720105

“If Obama wins, it’s going to be more inflation, more money printing, more debt, more spending.” Rogers told CNBC, saying he expected to sell U.S. government debt and buy precious metals, such as gold [XAU=  Loading…      ()   ]. “It’s not going to be good for you me or anybody else.”

“It looks to me like the money printing is going to run amok now, and spending is going to run amok now,” Rogers stated. “I have to invest based on what’s happening and not what I would like.”

Rogers said that he didn’t vote for either Romney or Obama, saying that “they’re both evil as far as I’m concerned.”

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