Jim Rogers "Quite Sure" Gold Will Hit $2000, Dollar Will Lose Reserve Status

Governments all over the world, not just in America, are debasing their currencies, rendering gold the currency of choice. As for basic commodities, demand is weak and supplies large due to the global depression. People who say gold is not useful simply do not understand the utility of money. Gold has been money for 5000 years, which makes it very useful indeed when paper alternatives are being rendered worthless by financial corruption and mismanagement.

Come on $2,000. I'll gladly pull the trigger then...

Jim Rogers is an attention whore.

Yes it will thats why the US market keeps going up now to keep up with the value. Buy the US markets now! Dollar is down market will be going up, If priced in gold the market will stay the same!

Although I was originally skeptical about the Schiff $5k gold call I can easily see Gold at $2k because our government leadership is asleep at the wheel. We have become a profit today at the expense of the next generation society. VOTE OUT the INCUMBENTS in 2010.

Gold $2000 by 2035

Actually, look up the info- America is NOT the largest debtor in the world when comparing GDP to Debt. Germany, England, France, Spain, etc etc etc are FAR worse than us, although I agree all paper money will be worthless very soon. As I said, buy guns and food and water..

obama's not worried.. he's printing money daily.. so what only a couple 12 TRILLION $$... worried?... oh oh.. why are you against obama??? shame shame...what??? America is NOT getting better???? you somekind of anti obama??.. just like 1970's... bawahahahah just like jimmah 444 carter... LOLOLOLOL.. America going the wrong way??? who be the potus??? oh oh.. shhhhh .. I know, let's sing to cheer ourselves us.. BARACK HUSSEIN OBAMA mmm mmm mmm barack hussein obama is good and great... mmm mmm mmm.. barack hussein obama won $1.4 buckos .. SUCKERS.. MMM MMM MMMM

Investing in any other commodity will only give you returns in fiat money. Gold and Silver is currency! If our dollar goes to hell, then try to buy a loaf of bread with a lump of copper or aluminum. They will gladly accept my gold and silver.

Everyone seems to think that last year's post-crash dollar rally will be repeated at some point, perhaps during the next major market downturn, demonstrating the pervasive ignorance as to the fundamental and technical factors that caused that rally. If you are trading the future based upon the past, you do so at your peril.

corruption and mismanagement??? Now THERE'S a major understatement! You could literally take a line from the "Star Wars: Phantom Menace" flick here: "It is clear to me now that the Republic no longer functions. I pray you will bring sanity & compassion back to the senate." Squabbling, twaddling, petty bureaucrats !

"F" Jim Rogers, where's Roy Rogers? Corruption and mismanagement??? Now THERE'S a major understatement! You could literally take a line from the "Star Wars: Phantom Menace" flick here: "It is clear to me now that the Republic no longer functions. I pray you will bring sanity & compassion back to the senate." Squabbling, twaddling, petty bureaucrats !

This guy is a true American...living in southeast asia..and bowties went out in the seventies...

Made $5,000 on $20,000 in gold in one year as of today.

LOL. this guy must have like 10 pounds of the stuff. Hey Silver will hit $50 like in 1980!! NOT! give it up guys. stop pushing your own products!

Hey, as long as a "gay rights" march in DC makes the front page while half the black males in my town pick the dumpsters after the SC "big game" and half the black women in town sell ASS on Craigslist, FORGET CHANGE!

well said vincent, that sums it up!

You don't have to live in America to be an American. And moving away from the USA is not unpatriotic. It's a sign of extreme sanity. The entire country has become a festering sore full of nattering nabobs.

He's right. Unfortunately our government believes it can spend while we Americans stop spending. They say it's just to keep the economy going. The only economy going is for their rich bankster buddies on Wall street. Thoughs bastereds in Washington keep bailing them out. Bailing them out with our money, our childrens money, and our grandchildrens money. He's right. Buy comodities while your dollars still worth a nickel.

You don't have to live in America to be an American. And moving away from the USA is not unpatriotic. It's a sign of extreme sanity. The entire country has become a festering sore full of nattering nabobs and pandering poiticians.