Jim Rogers: look to gold and oil as we near Syria war and market panic

Zero Hedge Watch

Zero Hedge

Jim Rogers: look to gold and oil as we near Syria war and market panic. The well-known investor and financial author Jim Rogers gave his outlook on the market in an interview with Reuters. He thinks there is a good chance America will go to war with Syria and this will drive up the price of gold and oil. Oil will go up because war would disrupt the World supply and gold will go up because of market uncertainty. At the same time, equities will go down. He also thinks that equity markets will take another hit as the Fed winds down QE and reduces liquidity. Many emerging market countries are in a tough spot because they are in a trade deficit and depending on this liquidity. When QE ends, they will be in trouble. (VIEW LINK)


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