Tuesday, March 4, 2014

The last market rally and eventual collapse

What usually happens in any markets are some marginal players start having problems and they spread to more and more people. We are already having some  marginal players having problems. It will spread to more and more people. 

What I expect is the federal reserve will continue to cut back, other central banks are not cutting back but eventually that will lead to problems in the markets. The federal reserve and other central banks will panic and we will have a big rally, and I would suspect that would be the last rally before the big collapse.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.