저자: JimRogers · 외국인
요약 보기
정부의 통화 발행이 계속되면 화폐 가치가 하락하고 금·은 가격은 달러 기준으로 상승할 것이라는 주장. 금·은을 가격 베팅이 아닌 장기 헤지 수단으로 보며, 중앙은행의 금 매입과 중국의 금 수요를 근거로 제시. 금·은 가격은 급등락을 반복하겠지만 하락 시 매수 기회로 본다고 함. 일본·미국의 부채 문제를 들어 법정화폐 신뢰 약화에 대비해야 한다고 강조.
다듬은 글
And as governments continue to devalue currencies and print money, yes, you choose, you choose the currency. It may have an absurd price, what we consider absurd prices. But the point is just that governments will print more money and reduce the value of paper money. They will cause the value of money to decrease.
This means that gold and silver will increase in price. But what actually happens is that printing money causes its value to fall. Politicians will continue to do this. Maybe in some countries they will stop for a while, but in the end, I mean Washington, that's all they know how to do— print money.
And they will do it even more. And this will cause the price of gold and silver to rise in dollar terms. Gold and silver are not just bets on higher prices. Jim Rogers sees them as a long-term hedge when financial systems become unstable and currencies lose purchasing power. His argument is simple. Governments can create more money, but they can't create gold and silver at the same rate.
That's why he believes that both individuals and governments should own a certain share of precious metals . Rogers also expects central banks to continue adding gold to their reserves. In his opinion, they understand that paper currencies can lose their value over time. Gold and silver are also highly liquid and are not dependent on the financial stability of an individual government.
China's strong demand for gold fits into this general trend. Rogers sees this not so much as a new development , but as part of the long-standing preference for precious metals as a way to store wealth . But he doesn't expect prices to just keep rising. Gold and silver will still experience sharp spikes and pullbacks.
If prices fall due to a temporary drop in demand, Rogers views these declines as potential buying opportunities. He says he would rather increase his holdings during big sell-offs than catch up with prices after a strong rise. The greater risk, he believes, comes from what governments do when economic problems return.
Rogers expects currency depreciation to continue over time as governments expand the money supply. Even if policymakers temporarily slow monetary expansion , he believes another crisis could eventually force them to resort to printing money again. This brings us to an important distinction. Gold and silver don't necessarily have to become more valuable for their price to increase.
If the dollar and other fiat currencies lose purchasing power, it simply takes more currency to buy the same amount of metal . If you fou who are following the situation. We are here to continue to bring you in-depth analysis and opinions from those who truly understand what is happening. Thank you for watching.
I mean, most of these guys aren't very smart, but even fools know that gold and silver will protect them. And this will protect their countries. I think most people in the world already know that gold and silver will protect you. And that everyone should have a little of them . Every debtor country, and that is all countries, must have gold and silver for its own protection.
And if they don't watch your show, they will eventually start, because they need to protect themselves. What do you think central banks are ultimately preparing for by accumulating more and more gold reserves? They know that the value...They will see, if they don't already know, that the value of paper money continues to fall.
And the way to protect yourself...yes, wheat will help you. Oil will help you. But gold and silver are more liquid and useful, and have been for hundreds of years. Like many other countries that have existed for a long time. And the Chinese people know that gold and silver have always been valuable and always will be.
So, you go to China, you visit places like Xi'an, which were there hundreds of years ago—gold and silver were valuable, like everything else for protection. And they will always be like that. I mean, you know it and I know it. Well , the Chinese know this too . And they have known this longer than you and I.
So you're saying that what we're seeing in China is not news. It's just an old advantage that's becoming more noticeable. Well, as for gold and silver, I think there's nothing new here. They have always been valuable and always will be. Sometimes they are less valuable than at other times. Sometimes, if there is a surplus for whatever reason, if people are not buying gold and silver, the price falls.
But these are normal market fluctuations. If they drop, hopefully I'm smart enough to buy more. Well, I'm concerned about the price because if it goes down, I buy more. I...I've never sold gold and silver, but if they go down, hopefully I'm smart enough to understand it, realize it, and buy more. Gold and silver will always protect us if and when everything falls apart.
I don't like it, but I know the facts. And you...do you see that closet? Put some gold and silver in there when we're done talking. It depends on the currency as much as on everything else. As governments continue to devalue currencies and print money, yes, choose any currency. Prices can become absurd, at least as we perceive them.
But it is a fact that governments will print more money, reducing the value of paper money. They will cause the value of money to fall. This means that gold and silver will increase in price. But what actually happens is that printing money devalues it, and politicians will continue to do so. Maybe in some countries they will stop for a while, but in the end, that's all they know how to do in Washington.
Just print money, and they will continue to do so . And this will cause the price of gold and silver in US dollars and other currencies to increase. The problem is, even if you teach them, they might say, "Okay, we'll stop." But when the situation worsens , they will start printing again. That's all they know how to do.
They...these people are not very smart. That's why they work for the government. For Jim Rogers, gold and silver are not assets he plans to trade on a regular basis. He sees them as long-term insurance, something worth holding on to during financial crises, severe uncertainty, and periods when confidence in the economic system falters.
He believes that this role will remain relevant for the rest of his life and for future generations. That's why he owns precious metals with the intention of holding them, not selling them as soon as prices rise. Rogers also expects the overall uptrend in gold and silver to continue, despite possible significant corrections along the way.
In his opinion, uncertainty has historically supported precious metals, and temporary dips do not necessarily signal the end of a long cycle. He believes the current upward cycle could last for decades. But there is another reason why he treats these metals differently than he treats regular commodities.
Gold and silver are not simply tied to industrial demand like commodities like wheat or oil. Their value also comes from centuries of use as a means of preserving wealth. This makes them, in Rogers' opinion, less like traditional commodities and more like a financial protection mechanism. Assets that are held in case of what might happen when the conventional financial system comes under pressure.
Let's get back to the interview. I mean, this has been going on for many, many, many hundreds of years, ever since gold and silver became valuable. And I hope that the rest of my...I know that for the rest of my life, gold and silver will be valuable. That's why I have them, because I know that no matter what happens and no matter how bad things get , my gold and silver will remain valuable, and maybe in an emergency they will help.
It has been like this for hundreds of years. Do you prefer one thing over another ? Well, I guess it depends on what's happening at the time. Honestly, I don't know right now. Both metals rose sharply. I usually try to choose the one that fell the most. This becomes my choice for purchase. But Claudius, I repeat: my gold and silver are not for sale.
My gold and silver are for my children, for my heirs, for my life, for my fortune. If things get really bad, I hope I don't have to take them out of hiding. I want to own them my whole life. But if some disaster strikes, I know that gold and silver will help. Well, we've been in an uptrend, let's just say, for the last few decades.
And every time there is some uncertainty in the world , gold and silver increase in price. They have had corrections in my lifetime and yours, and probably will, but right now we are in an upward cycle with a small correction, but this cycle is not over yet , Gloria. This upward cycle will continue throughout your life.
I hope you live long enough for this to last forever. For me, gold and silver are somewhat different from a commodity bull market. Gold and silver are a protection mechanism, at least an insurance policy, more than anything else. Yes, copper is great, wheat is great, but for me, gold and silver are different.
As I said, Jesus Christ was sold for 30 pieces of silver. He was n't sold for 10 bushels of wheat, he was sold for silver. Silver and gold have been very valuable throughout history, for hundreds of years. Silver and gold did not depreciate when the yen collapsed. In fact, they have increased in price in Japan.
In yen terms, they increased. Because they have a significance that many other things don't. The price of rice is excellent, and it will be so for hundreds of years in Japan and everywhere. But, in my opinion, silver and gold are something different. Yes, everyone should have some rice. Everyone should have some oil.
But gold and silver are more important to me. Japan has a huge debt that is growing every day, and Japan's population is shrinking. The population has been declining for 15 or 20 years. So, Japan faces big problems in the future. I assume that gold and silver will help them if the problems in Japan worsen.
I mean, the debt has been growing rapidly for many years. The population has been declining for 15 years. I don't think Japan will disappear in your lifetime or mine. But Japan will have problems, and gold and silver will help protect you or anyone else. Rice will also protect you. But gold and silver are a better means of security than bread, which depreciates in value after 50 years.
They continued to spend money and accumulate debt. The US dollar is now the world's reserve currency. But, I mean , the US has huge debts. The debt is getting higher and higher. But now is a good time to be an older American. This is not the best time for young Americans because they will have huge problems due to the debt situation.
Just like young Britons had big problems 100 years ago when their currency came under pressure. I promise you that this will definitely happen in your lifetime, and it will be a big problem for everyone— no, not just everyone , for the whole world. Because when the world's reserve currency has problems, they happen to everyone.
This happened with the pound sterling 50, 80, 100 years ago, when the pound sterling was the world's reserve currency. This creates problems for everyone. Because someone owns it and has to do something about it. This will also happen to the US dollar. I repeat: the United States is the largest creditor and the largest debtor in the history of the world.
And it's getting worse every day. And they wo n't do anything about it . The situation will get worse, and it will create problems for everyone, including you and me. Perhaps a different type of market cycle is forming as investors look beyond short-term price swings and focus on preserving purchasing power.
If monetary expansion continues and confidence in fiat money weakens, precious metals may remain a strategic hedge during the next wave of financial stress. Could gold and silver become even more important if confidence in fiat currencies continues to wane? So stay with us. If you are interested in real, data-backed views on the financial system, like and subscribe to not miss weekly updates. Thank you for your support, and I hope you enjoy this video.
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