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A fun CNBC interview Jim Rogers and Marc Faber

bronco2078bronco2078 Posts: 10,211 ✭✭✭✭✭
in Precious Metals


Saw this on zero hedge and got a kick out of it.

Spot on


Comments

  • DoubleEagle59DoubleEagle59 Posts: 8,307 ✭✭✭✭✭


    << <i>Saw this on zero hedge and got a kick out of it.

    Spot on >>



    I love it!!

    Direct quote...........



    Marc Faber: "Both candidates are clueless and completely artificial..."

    Jimmy Rogers: "It's worse than clueless, because they think they know what they're doing.. and so they are dangerous! If they were just clueless and looked out the window, we wouldn't have a problem, but they think they have the solution - but their solutions are what's making the situation worse..."

    Marc Faber: "That is precisely the point. It is very dangerous to have ignorant people believing that they know something!"
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • NumbersUsacomNumbersUsacom Posts: 1,457 ✭


    << <i>

    << <i>Saw this on zero hedge and got a kick out of it.

    Spot on >>



    I love it!!

    Direct quote...........



    Marc Faber: "Both candidates are clueless and completely artificial..."

    Jimmy Rogers: "It's worse than clueless, because they think they know what they're doing.. and so they are dangerous! If they were just clueless and looked out the window, we wouldn't have a problem, but they think they have the solution - but their solutions are what's making the situation worse..."

    Marc Faber: "That is precisely the point. It is very dangerous to have ignorant people believing that they know something!" >>




    I really hate to say it, but if you have followed Marc Faber for the past 12 years he has been wrong for a long long time. His statements lost all credibility many years ago. But if you listen long enough he will actually get something right but his timing will probably still be off enough to make it a useless bit of info. Just check his true record. I don't know a thing about Jimmy.

    Neither one of these individual candidates are clueless. They may not be doing what you or I want, but to call them clueless is very naive, or just the mincing of some chow for consumer media grandstanding.
    NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    I've actually made money with both Faber and Rogers over the last seven years. Mostly currency driven. I love both. MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • NumbersUsacomNumbersUsacom Posts: 1,457 ✭
    you must have made money on the short side of something as he is short just about everything at all times for over 12 years. So if you ran accross him at a time when his prediction for a downturn was 14 months old and its now trending down 14 months later and he is sticking with his call from now till his 40 year bear cycle is set to end then ya you probably made some money if you exited before the next screaming upturn. He will keep you on the short side forevermore.

    NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
  • derrybderryb Posts: 36,790 ✭✭✭✭✭
    Faber and Rogers are on the money with this one, they must be getting better. image

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭


    << <i>you must have made money on the short side of something as he is short just about everything at all times for over 12 years. So if you ran accross him at a time when his prediction for a downturn was 14 months old and its now trending down 14 months later and he is sticking with his call from now till his 40 year bear cycle is set to end then ya you probably made some money if you exited before the next screaming upturn. He will keep you on the short side forevermore. >>



    I wanted to buy Swiss Bonds paid with US dollars. He showed me the way.

    I was 100% out of the dollar for a few years including the value of my house.

    MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • cohodkcohodk Posts: 19,095 ✭✭✭✭✭
    I like both guys but they are extremists. I would include Schiff and Paul into my previous sentence also
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭


    << <i>I like both guys but they are extremists. I would include Schiff and Paul into my previous sentence also >>



    This would be my take as well. Faber is getting even more extreme with age. MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
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