Dr Peter Venkman: This city is headed for a disaster of biblical proportions.
The Mayor: What exactly do you mean, 'biblical?'
Dr Ray Stantz: What he means is Old Testament, Mr Mayor. Real wrath of God type stuff.
Dr Peter Venkman: Exactly.
Dr Ray Stantz: Fire and brimstone coming down fromt he skies! River and seas boiling!
Dr Egon Spengler: Forty years of darkness! Earthquakes, volcanoes...
Winston Zeddemore: The dead rising from the grave!
Dr Peter Venkman: Human sacrifice, dogs and cats living together...mass hysteria!
--Ghostbusters
The alway interesting Jim Rogers has been making the rounds recently, here at WSJ and here w/ a raspy Maria. JR has little doubt that the US is headed for crisis much larger than the 2008 edition. His time window for arrival seems to be between 'this fall' and 'the next 5 years.'
He's offsetting his longs in commodities, Chinese stocks, and select currencies (including the USD for a trade) with shorts in emergining markets and US tech.
When speaking w/ Maria, JR also revealed that he's short 'one major American financial company.' When pressed for more details, he admitted that 'it's the bank that hasn't gone down as much as the others.'
Any guesses on which bank he's short? I have mine...
position in commodities, SPX
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Puplava interview with Rogers at Financial Sense also posted today....
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