Legendary investor Jim Rogers says Western Civilization is going to collapse.
Debt is higher than ever. Therefore, this crisis “will be worse than anything in our lifetime,” Rogers predicts. Governments, countries, and banks will fail, he says.
How should we prepare? “If you start investing in things you don’t know about, I assure you you’re going to have real problems when the situation goes bad, “ Rogers warns, “Stay with what you know.” He expects agriculture to do well going forward. In the short run, he in is bullish on the U.S. Dollar and bearish on precious metals. But in the long run, he sees confidence being eroded in the Dollar, and more movement into gold and silver.
Rogers expects governments to restrict the use of gold and silver when the crisis hits.
Stay tuned to hear what country Rogers thinks will dominate the 21st century – it’s not the United States…
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