Bob Chapman on PSLV vs SLV

Bob Chapman answers a question about why is Sprott asset management buying SLV , and if SLV is a competitor to PSLV , " one of the things that Mr Sprott did was when silver was at $50 he blow out his own personal position and that position within PSLV is his symbol and he sold out , he did not tell anybody until it was uncovered by the Globe and Mail newspaper ....Bob Chapman adds that he does not know why is he buying SLV because he knows darn well that they do not have any physical silver ....

Jim Rogers : Operation Twist is just printing Money again

Sept 21 2011 Reuters -- Jim Rogers : I do not pay attention to it ( Operation Twist ) bernanke is there printing money again , he has already started quantitative easing again , he already announced in August that he will keep interest rates low , you cannot do that Ronda unless you are in the market you cannot just say the word Ronda 'interest rates will stay low' you have to be in there and if you do not believe how monetary theory works just go and look M2 numbers starting at the beginning of August when he said that M2 numbers jumped up the monetary base jumped up a lot , so he is in the market he is manipulating the market he is flooding the market with money again none of this is going to do good for the US it's all going to end very badly ....

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Greek Default good for the Euro

Sept 21 2011 Reuters - Jim Rogers : I hope the Greek default it will be good for Europe it will be good for Greece it will be good for the world it will be good for the Euro , if they finally accepted reality and made Greece default made the people who made the bad loans take their losses and made that happen to a couple of other countries everything will go down for a bit but that will be such a magnificent buying signal I would buy all the Euros I could at that point because everybody would know that we are going to have a sound currency , we are going to have a strong Euro , it is not going to happen but if it happened that way WOW ! then we will have a serious competitor to the US Dollar ....

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.