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Legendary Investor Sold His US Stocks, Here's Why | Jim Rogers
Legendary investor Jim Rogers shares his candid views on the current state of the U.S. economy and global markets. Rogers expresses skepticism about the long-term stability of U.S. stocks, citing their record-high valuations and the overall risk when "everybody's having a good time." He discusses his concerns over mounting global debt and inflation, highlighting the possibility of a financial crisis. Rogers also offers his perspective on commodities like agriculture and silver, considering them as potential investment opportunities due to their relative undervaluation. Wrapping up with a cautious outlook, he advises viewers to be wary of market trends, stressing the importance of research and understanding before making any investments.
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INTERVIEW TIMELINE:
0:00 Intro
1:33 Trump, DOGE, and US debt
5:09 Scott Bessent, Treasury Secretary pick
7:00 Investing & education
9:30 Stock market downturn
11:07 Depressed assets
12:14 Gold and silver
14:10 Gold standard
15:05 Geopolitical conflict
17:58 United States' coming decline
20:45 What Rogers is optimistic about
22:08 Weekly specials
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