#286 Inside Wirtschaft - Investor Jim Rogers: Debt - Bitcoin will disappear - USD will come to an end - Gold

Salah Bouhmidi (Head of Markets IG) and Manuel Koch (Inside
Wirtschaft) talk with the legendary investor Jim Rogers (78), who
lives in Singapore today. On IG Trading Talk Rogers said: Covid19
consequences: "We have never in world history had so much money
printed, borrowed and spent as we're having now. Somebody has to
pay the price for this. Politicians worry about the next election,
they're not worried about my kids. Of course there is an
alternative. I would not do it the easy way." Currencies: "I can
see down the road that the US Dollar is gonna come to an end. It
will still be there but not what it is now. The Euro is good but
will it survive? I don't know." Gold: "I own Gold, but I am not
buying it now and I haven't bought it for a while. The way things
are now I would buy more Silver than Gold." Bitcoin: "My view is if
Bitcoin becomes successful as a currency - and that's what the
supporters say - governments will say no, you must use our money as
currency. Governments work on their own computer money now, they
don't want competition." Interesting stocks: "I tell you one I just
bought. It's called Lufthansa." President Biden: "Mr. Biden's
friends will now make money and Mr. Trump's friends won't make
money. That's what happens." More information on https://www.ig.com