“The fiat bull – which is really an unusual equity leg within a larger golden bull, from what we can tell – could run longer, even a lot longer. It could do so, as we have pointed out, with considerable volatility. But if the Fed continues to stuff banks and markets with money, we have a hard time believing that averages could plunge sharply and permanently, or at least not right away. Perhaps Rogers is aware, as we are, that top bankers are seemingly organizing a huge equity blow-off that takes the market a good deal higher before dropping it hard. In such a situation, we think there is certainly a possibility that central banking could be terminally discredited.”

http://www.thedailybell.com/news-analysis/34795/Jim-Rogers–Sign-of-the-Times/

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