Jim Rogers : make sure you are in the right cash,

Jim Rogers: First, you better make sure that cash is in the right cash. A few years ago many people put their money in Icelandic krona, thought they were very safe. They had currency and they were earning high rates of interest and of course the krona collapsed and some of those people lost all of their money. So make sure you are in the right cash, first of all. Second, what I am doing with my money is I own commodities and currencies and I am short stocks. I am short American technology stocks, I am short European stocks, I am short emerging market stocks. That’s what I am doing but who knows if I am right.

Jim Rogers: 100% chance of crisis

In a Recent Interview legendary investor Jim Rogers declared that there is a 100% chance a crisis is coming “100% chance of crisis” he said and that “the world is in trouble.”
“The world has been spending staggering amounts of money that it doesn’t have for a few decades now, and it’s all coming home to roost.” He explained “Last time, America quadrupled its debt,” “The system is much more extended now, and America cannot quadruple its debt again. Greece cannot double its debt again. The next time around is going to be much worse.”