Politicians Around The World Are Printing A Lot Of Money

Jim Rogers expressed on his blog on September 19, 2012, "I own precious metals because I expect more money printing. I own gold, I am not selling gold, whenever gold goes down I buy more. If it goes down a lot I hope i’m smart enough to buy a lot more because the price is going to go much higher over the next decade".

Politicians around the world are printing a lot of money that’s the wrong thing to do, but that’s what they’re doing and whenever they print money the way to protect yourself is own gold, silver, platinum, palladium, any precious item will protect you in time like that.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.