From LewRockwell.com:
I'm moving to China … possibly to live in a bunker. At least that was my inclination after listening to a presentation by Jim Rogers yesterday.
Now don't get me wrong – Mr. Commodities wasn't all doom and gloom. In fact, his talk was both informative and highly entertaining. But Rogers doesn't sugarcoat things – he's very matter-of-fact about his concerns and projections for the future. And most of them don't bode well for the U.S.
According to Rogers, the 19th century was the era of the British Empire and the 20th century was the U.S.' heyday.
But the 21st century is China's (though the rest of Asia is definitely going to get a boost too). The reasons for this are many, but some points brought up by Rogers include the following:
Read full article...
More from Jim Rogers:
Jim Rogers: Oil could trade for $200
Jim Rogers: True inflation rate is at least 6% - 7%
Jim Rogers trading tip: This hated asset should rally soon