These are Perilous Times-Jim Rogers

Jim Rogers: Every Government Debasing Their Currency, Gold Going Much Higher and MoreBy Greg Hunter’s USAWatchdog.com 

Legendary investor Jim Rogers is worried about unprecedented money printing around the globe.  Rogers says, “We have never had every government debasing their currency at the same time. . . . This is the first time in recorded history where you have most of them doing it all together.  These are perilous times . . . one way or another, this is going to end badly.”  Rogers owns gold and thinks last week’s gold sell-off was a good thing.  Rogers says, “This is normal.  This is not unusual.  I welcome it.  I expect gold to go much, much, much higher over the next decade, but it will not and cannot until it starts having normal corrections.”  How high will gold go?  Rogers says, “If the U.S dollar becomes confetti, any number you want to make up.  They’re printing U.S. dollars fast enough to turn them into confetti.  Who knows how high gold will go as long as we have a mad man running the central bank.” Join Greg Hunter as he goes One-on-One with Jim Rogers from Singapore. 

Comments
  1. Rev. William W. Joslin

    Good interview… I believe this is leading up to one world government and a cashless world currency. When everything collapses around the world, they will offer the solution. People may not believe it now, but, it’s coming.

    Rev. 13:17-18

    • Greg

      Thank you Rev for reminding us all there is a much higher power out there, and God is good.
      Greg

    • Happy 1

      I couldn’t agree more!

  2. Andrew W

    Greg,

    I like Jim Rogers and think he is a very bright guy, but there was something wrong with him in that interview. Is his taking wrong medication? To me, he seemed like he was undergoing shock therapy during the interview.

    (You don’t have to post this. This was just a personal note to you. I’ m not trying to embarrass or harass anyone, including Mr. Rogers.)

    • Greg

      Andrew,
      I know you are not trying to be mean. It is common for Mr. Rogers to work out when he is doing an interview. That’s why he looks the way he does. He is very smart and very connected. I respect him a lot. Thank you for pointing this out so I could explain to other visitors here.

      • John

        I have great respect for the man as well. But in this interview (and in some others with him that I have seen lately) his physical behavior reminds me of interviews with Micheal J Fox. I gather Mr. Fox suffered from Parkinson’s disease. If this is untrue, I offer my sincerest apologies. If this is true he has my deepest sympathy.

        • Greg

          John,
          Sometimes Mr. rogers does interviews while he’s exercising. This time he’s on an a stationary bike.
          Greg

      • Nicholas

        Whew… I was really wondering what on earth was going on. I have never seen him look so ill at ease.

        I was also a bit surprised he did not have much to say about the disconnect between the physical and paper markets for bullion.

  3. Tad

    A rubber band can only stretch so far and the farther it stretch’s the meaner, the faster, the snap back! Watch out, Ouch!!!! Scuttelbutt has it the worlds Federalies dont know what to be more worried about, stagnation, stagflation, or recovery. If there’s any real recovery we have to stop all that printed paper from coming out of the woodwork or we will be the first north Americano Banana Republic on record and the whole world will be one big Banana. Because we after all tried to beat each other to the bathroom, in the de basement. If Sky high interest rates cant stop the tsunami of fiat toilet paper because of the so called real recovery comeing, the federal banksters will have to slop it all up, to be used for the worlds reserve restrooms. They’ll even be the sound of metal crashing in the mother of all crash’es (Ezekiel 7:19) Were in deep, deep, used do do paper. Rich brother & poor brother, George Sorrow Soros and joe the pulmber, were all in the same boat this time. A demoralized debased planet Hollywood Earth.
    The only advice I can give you dear folks out there and of course our wise reporter, adviser and trusted mentor Greg Hunter. Don’t become bitter become better no matter what happens! The meek shall inherit the Earth! Good has always conquered the evil eventually. Lets hang together so as to not hang separately.
    USA Watchdog, You are the bullet to my gun, the moon to my sun, the right to my wrong, the ping to my pong, the lyrics to my song, the truth to my lie & my website till i die. See you on the other side, ARMA GETTIN OUTA HERE!!!!
    !

  4. jc davis

    Greg: Another great interview: I am glad there were no time lag to have to tolerate.
    This was a short ten day correction in gold. When I read the timeline the picture becomes very clear. (The dollar is the correction), as banks prepare for the future.
    Interesting read:
    http://www.bullionbullscanada.com/gold-commentary/26136-paper-gold-holders-flee-to-real-metal
    Glad to see ole Jim taking care of his health.

    • DAVE

      Nice read J C //Thanks Dave

  5. art barnes

    Greg, “artificial” market(s) can’t sustain itself forever without more artificial wars. Where is a given, Iran & the middle east, timing is answered when the artificial market is unmasked as highly inflationary which makes it downturn quickly due to rise in interest rates.

  6. Liquid Motion

    Greg,
    I dont agree …this was not a “normal correction” (in gold) as Jim calls it. It does provide a gift nonetheless. Its almost as if Jim qualifies this correction as an expected outcome (12 year bull market)under what is given market rules. Who is this directed at I wonder. To those poor souls who need comfort after taking genuine steps to protect themselves, only to lose absolute faith when the price is smashed. It doesnt wash with me I’m sad to say.
    Too much paper manipulation at record levels over a short period of time. Concentration of short selling was directed specifically and intentionally at price (to take out previously established lows in order to inflict the most pain as possible). No physical sales whatsoever. How can this possibly be normal?
    I do however concur with the “Mad Men” running the show. Mad in their frame of mind, EVIL in their desires and actions and the repurcussions and destruction they cause.
    Worrying is the fact that these maniacs and serial psychopaths in control of pricing, will stop at nothing to ensure that the casino in which they operate, continue to make the rules in favour of the house. How can the house lose?
    You look a little bewildered Greg by some of Jim’s comments, if I’m not mistaken. Your expressions are a dead giveaway.
    With all the respect I have for the man, this interview was not one if his finest.No disrespect to you either Greg you’re the messenger after all.
    I do admire your fortitude.

    • justin king

      Yes LM, I agree with your “don’t agree”. — I believe it was a cynical ploy to divert more action to the equity markets and make the U.S. dollar look like the only game around (for at least awhile)./// Max Keiser has some good shows on the move.

    • George Too

      I agree. A 500 ton short is not a normal market action

  7. Illinois Troll

    The “Never in recorded history” statement is pretty wild about the world-wide money printing… just another way that TPTB can take more control by ushering in a global currency after ours and others goes down the crapper. Perilous times, indeed. Thanks for the awesome interview, Greg!!

  8. Mitch Bupp

    Thank You Jim, I wish you well and thank you for the insight into the gold market. I agree with you on the dollar confetti. The sad truth is that people do not see it coming and they don’t even see inflation. Yes Jim, food is the new gold to build wealth while real gold till preserves wealth. ..

  9. droidX-G

    Greg,
    When there is rampant fraud in securities and commodities markets, it os easy to see how the market price of gold and silver can be depressed. If it was a “free” market, interest rates would approach the rates of the late 70’s and early 80’s.
    It is documented that the Fed is buying 90% of T-bills. That is like a person depositing checks into their own account. Why is the media npt shining a spot light on this and the other corruption in the markets?
    I support immigration reform IF they add illegal entry as a major felony.felony

  10. Ugly

    Greg, another nice article of gold from Rogers.

    My opinion is that gold is out-of-hands for most folks earning under $80,000 per year. Silver is easier.

    The best folks can do for their financial stability for the very troubled times ahead is to get their debt down, way down. Any debt covered is an automatic pay raise that gives dividends each month. My future investments are debt reduction and then into more metals such as silver.

    My mortgage was $1200 per month about 6 years ago. Today, it is $600 per month with about 2 years to go. The Govt loves debt. Americans love their debt. This financial avalance will not be fun, even for those that are ‘debt’ free. We all have family members that are living day by day and month by month with no concerns of the future.

    • Greg

      Ugly,
      I hope you get the deed when you are done paying. You sound like you are in good shape. Thank you for the comment.
      Greg

    • Paul

      Ugly, one way to buy gold on limited income is to look for coins less than one ounce and which have less than .999 gold content. The Swiss 20 franc Vreneli or Helvetia is my favorite. They were produced in large quantities many years ago, and so they carry almost no premium due to having almost no numismatic value. They contain .1867 oz gold per coin and may be had for $250-$300 per coin and very low premium, with a little luck and a lot of shopping around. They are also very pretty.

  11. droidX-G

    Greg,
    2 off post topics. Boston bomber should be read rights. If they can get away with not reading and giving him his rights …well, what is to stop our prez from depriving the rest of us our rights. Dont get me wrong, he should be given a fair trial and then hanged.
    #2 If it took this much effort to track down 2 rankoff amuetur wacko terrorist that the FBI had previously been warned of just like the 911two hijackers…just what is the FBI doing? Now they are claiming a terrors cell. I think they are trying not to look impotent. In the very least, they have been shown to be incompetent

    • Greg

      droidX-G,
      Yes sir. I agree!!
      Greg

    • B Cat Stone

      You asked, “…what is to stop our prez from depriving the rest of us our rights”

      Answer: Nothing, it’s already law — NDAA — the traitorous excuse for a prez signed it on New Year’s Eve when no one was looking. If you’re a terrorist, anyone in the world, including Americans on US soil, this criminal govt. can detain you without charge, indefinitely, with no attorney or trial. Who decides? Only the executive branch: the White House and Dept. Homeland Security. Not the police, CIA, FBI, or any judicial group. Want a good scare? Look up the list of potential US terrorists DHS has on file.

      Re: Boston…Looking under the tip of the iceberg and doing days of research, I see 2 young men who may be terrorists but, in any case, I believe were set up by the FBI. Anybody who’s looked under the seat cushions can tell this story is now so shot with holes you can see through it…

      Re: Gold, here in AZ as in other states, we’ve just passed a law allowing trade in gold/silver. When US dollar does go kaput, I wonder if all US states will have to sit by and go along with the new currency (whatever it is: global NWO digital 666 etc.) Or will there be resistance, economic secession…would be hard to do with finances so interconnected.

  12. Jerry

    Thanks Greg for the interesting interview with Jim Rogers. I think he is right about the governments printing money. It spells trouble to me that the world economy is that bad. I heard this morning that Brittan has been downgraded again.
    I live in Missouri. Most large farms are now corporate owned, by companies like Monsanto. The small family farms died a quite death a few years ago during the Carter administration. Most small businesses I deal with are hanging on by their fingernails, so I don’t believe the “things are getting better” hype the news media spins. Another recession will put most of the remaining small businesses under.
    I’m deathly afraid when the “Affordable Care Act” kicks in full bore in 2014 it will send thousands to the unemployment line as businesses try to avoid paying 120% increases in insurance premiums that are coming. I know this is a fact as I have heard it directly from the companies themselves. God help us.

    • Greg

      Thank you Jerry for the comment.
      Greg

  13. M.Smith

    Greg, a question that I need a answer on, will life insurance policies pay off if we go down like Cyprus? I hate to know you can’t get buried after paying all these yrs! Will you ask some one in the know! Please!
    Thanks again for all you do!

    • Greg

      M Smith,
      That depends on the individual life insurance company and what the buying power of the dollar is when the policy is executed.

  14. Mike Chaffee

    I am concerned for Jim Rogers’ health. He seems to be short of breath. Mr. Rogers, please seek medical advice. You are such a treasure. We don’t want to lose you!

    • Greg

      Mike Chaffee,
      Don’t worry, Mr. Rogers is working out on an exercise bike. He does this sometimes on interviews.

      • John P Yeiser

        Thank you for clarifying that. I was worried that he was stricken with Parkinson’s Disease. I am glad to know that he is healthy and will be providing insight and wisdom as these foreboding times play out.

  15. George Too

    Greg,
    Loved seeing Jim’s point of view, Thanks 😉
    perilous times in deed. Read what happened to Confederate money after the end of the Civil war. I am afraid that is where the US dollar is headed.
    It makes sense that farmers will do OK. they are the most capable of feeding themselves. Most city dwellers can not.

  16. Troy

    Felons running the system? UTTERLY PREPOSTEROUS!

    Give me control of a nations money supply, and I care not who makes it’s laws Amschel Rothchilds famous quote of course. But what did he mean by it exactly?

    “I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. As a result of the war, corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands, and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war. God grant that my suspicions may prove groundless.” – Abraham Lincoln, from a November 21, 1864 letter to Colonel William F. Elkins

    Only perilous because the problem grows exponential. An OZ of prevention is worth more a pound of cure. P<P+I TICKTOCK…

    Robin Hood Tax
    http://www.robinhoodtax.org/

    And can anyone reading get precious metal anything close to spot?
    I have yet to be able to in resent history.

    ENJOY THE FREAKSHOW ;)!

  17. Jeff S.

    Wow! Jim Rogers on USAWatchdog! I think he’s the smartest investor in the world. If I were in charge, I’d appoint him the next Fed Chairman and watch with unbridled joy as he dismantled that monstrous anti-American beast, piece by piece. Great get, Greg. Can’t wait to see him again on the site.

    Another donation on the way!!

    Jeff

    • Greg

      Thank you Jeff, you are very kind.
      Greg

  18. justin king

    The gold sell-off is good in the respect that you can now trade it as well as invest. Volatility = trader’s best friend. Currency wars = gold’s best friend.

  19. George

    I think Jim Rogers sold out last year. I am no longer a fan of him, or his opinions no matter how wealthy he is.
    But, you Greg Hunter are another matter! You do good work, have good guests, and I enjoy yoru shows, interviews, and opinion.

    • Greg

      George,
      I try to put as many views as possible on. Thank you for you support.
      Greg

  20. George Too

    Is anyone besides me offended by the concept for the movie “the company you keep?” Liberal Hollywood is attempting to write the history of the terrorist group “the weather underground”

    They are no different from the guys that bombed Boston.Their goal was to create a clandestine revolutionary party for the overthrow of the US government.
    Now Hollywood is going to glamorize these terrorists…They killed American citizens

  21. frosty

    In medieval times, alchemists dreamed of discovering a process by which they could chemically transform base metals into gold and, by that discovery, attain unimaginable wealth and power. The chemical process was never discovered but the dream never died. Eventually, other sorcerers discovered the Philosopher’s Stone rooted in a system of faith. We now call that faith “fiat currency”.

    For worthless paper to take on value, the modern alchemists had to gain an unacknowledged yet universal social consent from the masses of people to be used as catalysts in the process, and this was no small feat. That it was accomplished so easily and on a global scale is so mysterious a phenomenon that it could easily be qualified as having been supported by divine or, if you prefer, diabolic power.

    Today, we have a situation in which people are losing the faith while the sorcerers preach from the pulpits of the Federal Reserve, the IMF, the Workd Bank and other globalists cathedrals. We see them invoke esoteric incantations such as “quantative easing”, “credit rating”, “trust” and “austerity” as they attempt to manipulate the spiritual will of the people, bewitching the masses to believe once again that all is well and the high priests are in complete control.

    As Mr. Rogers stated, It will end badly but I doubt whether investment in agricultural stocks are likely to be a key to economic survival. The occultists, having understood the principles of alchemy, of creating something out of nothing, have purposely used that knowledge to gain control of the money used by the world’s sovereign nations and, through this mechanism, held the economies and governments of those participating nations hostage by default. Their dream realized, the alchemists gained unimaginable wealth and power, just as intended. Yet, when their diabolic system inevitably collapses as designed, what comes next?

    Who can doubt that these disciples of the occult will then attempt to conjure up new faith in a truly global fiat currency system to support a global economy and, of course, fund a world government comprised of unelected officials appointed to keep the new order of things? When this push comes to shove, and if we don’t push it back into the depths form which it came, private ownership of agricultural stocks, or anything else for that matter, will become meaningless.

    These are interesting, challenging and yes, perilous times we live in.

    • yugosno

      BY THEIR SORCERYS (i.e.magic) WERE ALL THE NATIONS DECIEVED. THE COLORFULL PIECES OF PAPER DISGUISED AS MONEY THRUOUT THE WORLD IS THE CULMINATION OF THE ALCHIMST DREAM. HANG ON FOR WE WILL SOON BE PAYING A DAYS WAGES FOR A LOAF OF BREAD.

  22. arizona

    Greg,dear sir,if the governments are all debasing the value of their money,EVERYONE had better start buying food,water,and all the supplies they can get,cause when this happens,there is always a mass famine following it,THIS time the crash will include marshal law and the stripping of everything you own in america by foreign military,THERE IS A WAR AT HAND,and denial ain’t a river in egypt,right after the earthquake,they will be on US like americans have only seen in movies,we have a mini-solar system (nibiru) coming and hell is following it………..

  23. John

    This is one guest that I cannot agree with.

    “This is normal. This is not unusual. I welcome it. ”

    Whats normal about dumping 20 billion or so in paper gold & silver to force the market down, just before the Boston terrorist attack. Which should have had the exact opposite effect, with the metals rising.

    The stock market is up & everything is back to normal, after the biggest collapse in security since 911. After all the trillions they have spent on DHS, CIA, FBI & militarizing the police forces, we have total failure. And the Markets are UP, Go Figure. Total Insanity.

  24. Bimbam

    I take it this is just another sign? A warning, an omen of things to come. They seem to be popping up all over the place.

    So, if you fall over the cliff don’t say you haven’t been warned!

  25. Robert Burke

    Being a contrarian in nature I find all the negative “end of world” comments to be a clear sign that now is the time to invest in the good old USA.

    After a while the doom and gloom because tiring. How about you all start posting something positive for a change.

    When I start seeing post’s referencing Alex Jones I know its time to look else for information.

    • Greg

      Don’t hesitate to head over to the MSM. Plenty of positive spin there. Home prices are up, the stock market is going to the moon, and Treasuries are not in a bubble. All the best.

  26. M.Smith

    Greg, one man I wish you get on tape is Martin Armstrong!

  27. Sandiegoman

    Greg,

    Thank you very much for the interview. Mr Rogers is the real deal. I respect his opinion tremendously. Looking for gold to go much higher but I do think that most will be out of gold. I am usually too early and leave too early. I am going to stay long until I see everyone bullish on gold. Then it will be time to sell. Keep up the good work.

    very respectfully,
    Bob (aka, sandiegoman)

    • Greg

      Thank you Bob for the comment.
      Greg

  28. Andrew

    Mr Rodgers,
    Appears to have tourette’s syndrome. My nephew suffers from it Im glad he as shown his ticks. it is difficult to camouflage them all the time.

    To the other person who said he appears to have something wrong folks with tourettes work very hard to control their ticks and they can but letting it all go Greg Mr Rodgers must feel comfortable talking to you.
    I appreciate the information he is willing to share.

    • Greg

      Andrew and Steve,
      Mr. Rogers sometimes does interviews while he’s working out. He was on an exercise bike this time.
      Greg

  29. Steve Beshakis

    What’s wrong with Jimmy? He looks like Michael J. Fox when he’s off his meds.

  30. Steve

    Greg, to me doesn’t matter how high gold “goes”. What is the price NOW and what does not mean, now! When anyone asks and “expert” how high gold will go, I can only imagine the purpose of the question is, how rich am I going to be. The question I keep asking is, what will the price of a loaf of bread will be, if gold goes to $8K.

    I am hoping gold goes higher, if I where to sell now, well, I would be underwater. So I am holding.

  31. Steve C.

    Greg, I greatly appreciate your interview with Jim Rogers. When all other Gold Bugs are crying foul, its nice to get alternate opinions that this may be just a normal and needed correction in a long Bull Market.

    Like another poster I’d also love for you to interview Martin Armstrong. He recently wrote “Some people are just so hung up on this idea of selling paper gold they only try to explain the decline as false caused solely by paper shorts. Sorry – it does not matter! That is the nature of all futures markets. It is merely another twisting of facts to try to explain why a theory is not wrong.”

    Like many other “amateur” investor’s I’m still trying to get a handle on all this mayhem. Also like many, I’m a big fan and follower of Jim Sinclair and an inverstor in his company. Without his selfless help as well as others like Jim Rogers I’d be totally lost.

    Thanks again for your great interviews and committment to truth.

  32. pieter

    Hi Greg,

    Great interview with Jim as always very clever and with his great memory of facts and history should be mandotory an each high school.
    Can only advice to all to read his books, all down to earth.

    This comment is from a zero hedge reader:

    A mate of mine asked me what’s going on in Cyprus and Europe as a whole….kind of a pointless question without the Big Picture.

    Here is my response;

    Yeah, the more I read the bigger this whole game is…and it really is a game of winner takes all.

    You have many factions woven into several layers within the game. There are the countries around the world, there are the major financial infrastructures, there are the superrich entities, and there are the banking entities which stitch the layers together…which makes sense.

    The best way to think of them and how they interact is by way of a Venn Diagram (below), then this will all make much more sense.

    Take a simple Venn Diagram with 3 overlapping circles (A + B +C). Note that there are a total of 8 sectors including space outside the circles.

    http://upload.wikimedia.org/wikipedia/commons/7/7a/Venn_diagram_cmyk.svg

    Let’s say that;
    A = Are the countries of the world
    B = Are the major financial infrastructures of the world
    C = Are the banking entities of the world

    The next layer is where just two of the major players overlap;
    A/B = Military Industrial Complex and Major Corporations
    B/C = Central Banks
    C/A = Major Banks

    You can now see how every entity is affected by every other entity, to varying degrees!

    There is also another sector, right at the centre. This is the Superrich entities who own most of the real assets on the planet, such as a vast majority of Military Industrial Complex, the Major Corporations and the Major Banks, as well as most of the natural resources. Since the Major Banks own the Central Banks, then the Superrich own the Central Banks as well.

    Now here is where it starts to get a little grey…..

    Who is at the centre?

    Well, there are at least three types of Superrich entities, they are;
    1. The ultra-wealthy families who have had money since at least the 1700s’. These families are well known historically but they are very well hidden today, so too is their money (Gold and something else).
    2. The Oil wealthy such as the Arab states. These are newcomers to the centre and their future is tied-up with the prosperity of their countries; if the country falls, so do they.
    3. The Oligarchical wealthy. More newcomers who have recently emerged from the end of the Cold War. These include most of the families which prospered from the Military Industrial Complex, like the [George] Bushs’, and Mafia type Oligarchs like Putin and his KGB mates.

    Ok, so that paints a picture of how all the visible entities fit together…..but there’s another layer. This is a very, very well hidden layer.

    Imagine that the Venn Diagram (the whole world) is drawn on a single piece of paper, well, who owns that piece of paper???

    I believe that the next and final layer doesn’t really have a name…but I’ll call them the Custodians! The Custodians essentially won 80% of the world between the 1300’s and 1700’s. They comprise of many or most of the Ultra-Wealthy entities dating back as far as the Black Venetian Nobility, the Templars, the Teutonic Templars, the Vatican, and later entities such as the Rothschild family.

    On the Venn Diagram these Custodians own most of the paper as well as the entire centre sector of the Venn Diagram.

    These Custodians own vast, vast sums of wealth, accumulated over centuries. I believe the sums would be in excess of $700 Trillion. HOWEVER, this figure is not a Dollar figure, or a Yuan figure, or even a Euro figure and this is why…

    When Rothschild created the Central Banking System he also created a layering of the system where, the Major Banks in each country owned the Central Banks from whom they borrowed the money. BUT, as with all systems it is built upon a network, and in the case of the Banking System and the entire Global Financial System it is built upon a framework (network) which is 100% owned by these Ultra-Wealthy elite families. It has been this way since the end of the Napoleonic War, where, Napoleon threatened the entire European Banking System as he believed in a Bank of France which lent money at 0% interest…he hated Banks, and Banks hated him!

    So the real question is, what is the framework, what is the network???

    The Custodial Framework
    United Nations – Global Police
    World Bank – Global Lender
    International Monetary Fund – Global Debt Collector
    Intelligence – Custodial Eyes & Ears (Mi6, Mi5, CIA, MSS, Mossad, FSB {KGB}, SIS, CSIS, ASIS, DCRI, BND etc)
    Power & Control Centres – US Council on Foreign Relations, European Council on Foreign Relations, Club of Rome, Bilderberg Group, Royal Institute for International Affairs, Trilateral Commission etc.
    Main Stream Media – Global Propaganda
    Hollywood – Global Propaganda and epicentre for Alternative/Pagan/Kabbalic/Ancient Mystery Religious interests.

    The Custodial Network
    Bank for International Settlements – Global Banking Computer Network for the movement and transfer of Global Currencies (the Back Bone)
    London Bullion Market Association – Physical distribution and controlling agency of Gold (real wealth)
    Central banking Network – Physical distribution and controlling agency of Global Currencies (medium of exchange for services, goods and labour)
    Organization of the Petroleum Exporting Countries – Global distributor and controlling agency of Global Oil (consumable real wealth)

    What you must understand is that Currencies are merely a medium of exchange but Gold is real wealth and Oil is consumable real wealth. Oil is a type of hybrid between Currencies and Gold, this is why Oil States sell Oil in Currency (US Dollars) but there is always a payment in physical Gold as well. Oil has a usable function, Gold has a storable function, currency is merely a rate of exchange. You can think of Currency in terms of energy, Currency isn’t the fuel, Currency is merely the calorific value of the fuel being burned.

    By the very nature of both the framework and the network, we can have a complete and total collapse of the Global Financial System and the Custodians don’t lose a single penny as they can simple create a brand new system at the click of a finger…new Currencies, new Bonds, new Banks, new Political systems….new everything….a brand new farm! This is because they own the machinery to make farms as well as the technology to do so.

    People talk about a coming New World Order. If you believe what I have written you will see that it’s not coming at all, it’s already here, and has been here for perhaps 300 years. What they are talking about is merely the next cycle within the existing NWO…nothing more!

    If you believe this, then for you the truth is revealed; that the threat of a coming NWO is a False Flag event. It is a deliberate misdirection to distract you from the truth hidden in plain view. If you believe that a NWO may be coming, then by definition, you believe that a NWO cannot currently exist. This is precisely what they want you to believe. They do not want you to realize that the NWO has already been implemented incrementally over the past 300 years and especially since the propagation of the Global Central Banking Cartel whose greatest achievements were the Bank of England, the United States Federal Reserve System, and the Eurozone (including European Central Bank).

    There is of course one thing which they cannot create at the click of a finger…Gold!

    When financial systems collapse the wealth transfer goes into Gold, which then becomes the store of wealth until a new system is put in place, then, the wealth transfer goes back into the new financial system. So, owning Gold is owning a piece of the next financial system, not the current financial system…get it? This is when Gold is most potent.

    http://politicalmetals.files.wordpress.com/2011/09/global-reserve-currencies1.png?w=595

    Then one more quote from John Dexter because it is great insight and so actuall relating to gold in our monetary system:

    “Under the gold standard, paper currency notes promised to pay to the bearer on demand a fixed amount of gold in exchange for the note. Today, our paper money is nothing more then a I-O-U nothing.
    The IMF,s attempts to substitute so called paper gold for the real thing is the most absurd concepts I,ve ever heard in my life. I call the IMF,s special drawing right (SDR) a who-owes-you nothing when.
    There is no obligor, no promise to pay, nu maturity date. It is the most
    preposterous credit instrument ever conceived by the mind of man”.

    Keep up good work Greg , let,s just hope ppl start thinking for themself and not following their leaders without their own thinking.

    • Greg

      Pieter,
      This is stunningly clear cut analysis. Thank you for posting it on the site. Everyone should read it.
      Greg

  33. Paul Dunkling

    Hi Greg,
    I always enjoy hearing Jim give interviews but I too was very concerned about his facial expressions during the interview. Being in the medical field they were disturbing because they can be a sign of a number of neurological disorders. They don’t seem to look exercise induced to me but hopefully I’m wrong. If they are I will breath a sigh of relief and also suggest Jim doesn’t exercise during interviews- it’s stressing too many of us out who care a great deal for Jim. Thanks for our interview.—-Paul

    • Greg

      Paul,
      Mr. Rogers was working out on an exercise bike during the interview. it is not uncommon for him, on occasion, to do that. Thank you for your concern and comment.
      Greg

  34. JR Anderson

    I would not characterize the latest orchestrated scheme to take down silver/gold market as a healthy correction. It was an obvious manipulation of the paper market.
    However, this stunt has had an inadvertent result. Instead of panicking the herds into liquidation. It has resulted in immense physical buying
    It seems that the smart money has accepted the fact that the markets are manipulated and have learned to live with and profit from the actions of the Fed and there cronies. Remember If you cant hold it you don’t own it !

  35. Eric

    Hi Greg,

    I’m living in Malaysia and I would like to know if I should hold physical gold than the gold saving account like this: http://www1.uob.com.my/business/GMIM/GMIM_pga.html ?

    Why is the physical gold much more expensive than the paper gold?

    How should I buy gold in Malaysia?

    Thanks for the great interview!

    • Greg

      Eric,
      My sources say hold the physical bars and coins. It’s more expensive because it is the real price and not the paper price. Paper is fraud and lies.
      Greg

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