"We've got to cut spending with an axe, with a chain saw!"
Famed investor Jim Rogers weighs in on what it will take to solve the U.S. debt crisis, why he's shorting U.S. techs, and the looming energy crisis.
Rogers: Only a Crisis Can Fix U.S. Debt Problem
June 8, 2011
In an interview with WSJ's Simon Constable, famed investor Jim Rogers weighs in on what it will take to solve the U.S. debt crisis, why he's shorting U.S. tech companies, why the stimulus package was a bad idea, and the looming energy crisis.
Video here: http://www.marketwatch.com/video/asset/rogers-only-a-crisis-can-fix-us-debt-problem-2011-06-08/7B14FAAB-F745-4ECA-ADB4-F8D5BD0A2C96?link=mw_story_kiosk#!7B14FAAB-F745-4ECA-ADB4-F8D5BD0A2C96

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months