Saturday, March 30, 2013

Jim Rogers: “I’m certainly not investing in the U.S."

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The losses imposed on Cyprus bank depositors by the European Union, European Central Bank (ECB) and International Monetary Fund (IMF) bailout should be a warning shot to bank depositors around the world, says investment legend Jim Rogers, chairman of Rogers Holdings.

“What more do you need to know? Please, you better hurry, you better run for the hills. I’m doing it anyway,” Rogers tells CNBC.

“I want to make sure that I don’t get trapped. Think of all the poor souls that just thought they had a simple bank account. Now they find out that they are making a ‘contribution’ to the stability of Cyprus. The gall of these politicians.”

More @ Money News

2 comments:

  1. It will be here . There's no way we're going to avoid it . This bankster puppet administration thru the Fed. Res. is right now giving 85 billion a month to Rothschild to float European banks. Q E Infinity . This is money that is extorted from the American people literally at gun point . " The Sheeple of AmeriKa , some will be butchered , ALL will be fleeced ". With this government arming to the teeth and now openly threatening their civilian population ........there is no way this is going to end well.

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    1. ........there is no way this is going to end well.

      101%

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