- Katrina-Sandy : From one Storm to the Other, the End of America as we Knew it - The LEAP team has a controversial view that says Sandy, a small storm that has put New York to its knees, has shown that America has greatly weakened, and that it's the country we once knew anymore. In this section they also address the political division of the US and its dire financial & economic situation.
- 2013, the king is naked: The great geopolitical dislocation of America. - The US economy is slowly but surely weakening, and 2013 will be the year of the real crisis where the "dollar wall" will collapse.
- China 2013 : The global riot laboratory - A view of riots in China, and their consequences.
- A Canadian Tragedy – The Slump of its Real Estate Market - Contrary to the view of Canadian banks who see a market stabilization, LEAP believe the recent slumps in Toronto and Vancouver announced the popping of the Canadian real estate bubble.
- Strategic and operational recommendations. Currencies may remain irrational for a little longer, it's not to late to escape from the stock market, get physical Gold and do not play short term trades, energy commodities are better for the long term, but may suffer in the short term, and it's really not a good time to invest in Canadian real estate..
- The GlobalEurometre - Results & Analyses. Only 65% of respondents expect the dollar to go down, which is the lowest figure since the survey started.
Showing posts with label 2013. Show all posts
Showing posts with label 2013. Show all posts
Thursday, November 15, 2012
GEAB 69: Katrina-Sandy : From one Storm to the Other, the End of America as we Knew it
Here are the highlights of GEAB 69 (Novenber 2012) entitled "Katrina-Sandy : From one Storm to the Other, the End of America as we Knew it":
Labels:
2013,
canada,
china,
commodities,
crude oil,
currency crisis,
dollar collapse,
economy,
fiscal cliff,
geab 69,
geopolitics,
gold,
leap 2020,
real estate,
riots,
stock market,
us dollar,
usa
Friday, June 1, 2012
Jim Rogers on Gold, the Dollar, Agriculture, the US economy, 2013 Outlook and Government Statistics
Jim Rogers is interviewed by NewsMax on the 1st of June 2012.
First, he explains his views on the Eurozone crisis (particularly Spain and Greece) and the dollar: a terribly flawed currency, and certainly not a safe haven. Yet he owns the US dollar, because investors still perceive it as a safe haven.
Then he explains why he won't sell his Gold, and on the contrary expects to buy more, much more if it goes down further.
Switching to a typical subject for Jim Rogers: Agriculture. He explains that the agriculture sector will be the place to be in the decades ahead, especially as we run out of farmers.
He gives his outlook for 2013 and it's not pretty. This year should be OK, but a recession will strike hard in 2013 or in 2014 latest. Since the debt is so staggeringly high now, the next crisis will be worse, and recommend the hosts that if they are not worried about 2013, please — get worried.
Jim Rogers explains government statistics such as unemployment and inflation are massaged to look better. The US government is likely to abuse statistics at least until the presidential elections in November.
Finally, he sees the US Economic situation as being very, very dire because at the beginning of next year, tax cuts are set to expire while automatic spending cuts, are set to kick in at the same time, a combination dubbed by Wall Street as a “fiscal cliff.” And he says neither Romney or Obama will be able to fix the economy and they don't understand what's going on in the world.
First, he explains his views on the Eurozone crisis (particularly Spain and Greece) and the dollar: a terribly flawed currency, and certainly not a safe haven. Yet he owns the US dollar, because investors still perceive it as a safe haven.
Then he explains why he won't sell his Gold, and on the contrary expects to buy more, much more if it goes down further.
Switching to a typical subject for Jim Rogers: Agriculture. He explains that the agriculture sector will be the place to be in the decades ahead, especially as we run out of farmers.
He gives his outlook for 2013 and it's not pretty. This year should be OK, but a recession will strike hard in 2013 or in 2014 latest. Since the debt is so staggeringly high now, the next crisis will be worse, and recommend the hosts that if they are not worried about 2013, please — get worried.
Jim Rogers explains government statistics such as unemployment and inflation are massaged to look better. The US government is likely to abuse statistics at least until the presidential elections in November.
Finally, he sees the US Economic situation as being very, very dire because at the beginning of next year, tax cuts are set to expire while automatic spending cuts, are set to kick in at the same time, a combination dubbed by Wall Street as a “fiscal cliff.” And he says neither Romney or Obama will be able to fix the economy and they don't understand what's going on in the world.
Labels:
2013,
2014,
agriculture,
debt,
dollar,
economy,
fiscality,
gold,
government,
jim rogers,
newsmax,
recession,
statistics,
usd
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