저자: JimRogers—제목기준출연자미상이나발언주체로판단 · 외국인
요약 보기
Jim Rogers가 신임 연준의장 워시에게 사퇴를 권고할 만큼 어려운 자리라고 평가. 미국 공공부채 39조 달러 돌파, 이자비용 급증, 인플레 재등장 신호로 금리 인하 여지 축소. 로저스는 미국주식을 전량 매도하고 금·은을 보유, 은을 금보다 중기 잠재력이 크다고 봄. 금 가격 전망(JP모건 연말 6,000달러, 골드만 5,400달러)과 중앙은행 금 매입 증가를 근거로 제시. 달러 대체 흐름과 세계 질서 변화를 강조.
다듬은 글
Here comes the story. Jim Rogers, the investor. A legendary 83-year-old co-founder. Qutanus and Ge, from SOS, have just spoken out frankly. Through a television program, Kevin Watch reported that the new Fed chairman, who recently took office,... You should be able to resign by the end of the month, starting from today.
Because you're stepping into what they call an Impossible Job, or a job that's [like a song]. Not in an era where US debt has surpassed 39 trillion dollars, inflation is returning, and the markets... The world is gradually moving away from the dollar, nine at a time. I'll explain more about this in this video.
Let me explain the context first so you can understand why that statement is made. Roger's is so heavy, Kevin [song] just got sworn in the count. On May 22, 2026, the Senate confirmed Rice with a 54-45 vote, considered the closest confirmation in history. The Fed appointed him with a specific goal in mind.
The only solution is to lower interest rates because high interest rates are causing... The government has to pay enormous interest on its debt, but... The problem is that what lies ahead is tough. Beyond politics, the latest CPI figures are sending worrying signals. The Producer Price Index (PPI) has edged up, and the CME Fed Watch 2, a tool measuring market expectations, also indicates...
The chances of seeing the Fed cut interest rates this year are almost zero. Furthermore, there's a 40% chance the Fed will have to raise rates instead. The Watch was sent to lower interest rates, but the numbers... The real economy is forcing us to raise interest rates. The problem has been there since day one.
Now, let's look at who Jim Rogers is first, because... It's important to understand why we should listen to him. Rogers isn't just any analyst sitting in front of a Bloomberg screen and speaking based on hearsay. He is a market maker, a graduate of Yale and Oxford in 1973, and a co-founder of Quantum Fund with George Soros.
The fund's returns... That's incredible. From 1973 to 1980, the fund gained 4,200%, while the S&P 500 only gained 47% during the same period. That outperformed the market by almost 90 times. Roger retired before Irons. Since the age of 37, he has ridden his motorcycle around the world twice, documenting it in his journal, and then moved here.
I live in Singapore because I see Asia as the future. And most recently, he has sold all of his US stock holdings. It's not just the proportions of the car, but everything sold out. Yes, in this interview, Roger said... That was a very serious statement. He said I had seen it before. Parties like this have happened before, and he sees Watch as stepping into a difficult situation.
There is a good solution, not because Watch lacks the capability, but because structural problems that have accumulated over 40 years cannot be solved within a single term. The first point R.J. mentioned was debt. As of June 9, 2026, the U.S. public debt had surpassed $39.24 trillion, or between $2 and $4 trillion.
Rogers stated that the U.S. is now the country with the highest debt in the world. In world history, it wasn't just... U.S. history, but the whole world, forever. And the numbers confirm it; this figure represents 123% of US GDP, meaning huge debt. Just imagine the size of the entire national economy.
Okay, you have an outstanding credit card payment for [a song]. Every month you can only pay the interest. They have n't even cut down the tree yet, and they've already withdrawn the money. It increases every month, that's what the government is doing. What the US is doing is even more frightening. Interest on debt alone is expected to surpass $1 trillion in fiscal year 2026.
For the first time in history, the amount has increased nearly threefold from 2020, when only $345 billion was paid. The Congressional Budget Office ( CBO) forecasts that over the next 10 years, the United States will have to pay a total of $ 13.8 trillion in interest. Wait, that doesn't include the principal yet.
It's like a person... We paid a very high mortgage and are only paying interest. Every month the principal doesn't decrease at all, even as the interest increases. The installment payments skyrocketed to the point where it became an entire monthly salary. Paying only the interest isn't enough anymore.
The second point is, Jer warned about the money. They say inflation is coming back again. And it originates from various sources, including printing money. Enormous amounts of wealth that have not yet been drained during the COVID era. Get rid of all of Trump's import tariffs that are increasing costs.
Fluctuating commodity and energy costs. Let's take a closer look at the wars in the Middle East. Governments around the world printed money extensively during 2020-2022, like pouring water into a glass of orange juice – it makes the juice taste bland. It goes down every time the Fed raises interest rates.
By quickly absorbing the water, inflation decreases. It's gotten a little lighter, but the problem is there's still a lot of water in the glass. Much of it hasn't been completely drained yet, and now there are people... Adding to the mix, the third point is the trap Watch is caught in, which Rogers explained very cleverly.
Watch has only two choices, and both lead to problems. Imagine you are a doctor who has to treat a patient. One person is suffering from both diabetes and... Heart disease combined with diabetes medication. It worsens heart conditions; the medication that treats heart disease causes fluid loss. What would you do if your palms were swollen?
That's what Watch said. We're facing that if interest rates are lowered as Trump proposes. If inflation soars even higher, people's lives will be at risk. Things usually get worse if interest rates are raised or the policy is in place. High interest rates on government debt drive up the stock market.
The economy might plummet into a slump. Rogers said this is what he meant when he said Watch should resign, not because Watch isn't good, but because it has no chance of winning. The question is simply... Which type of pain do you choose that makes the situation more complicated? Even more so, Jerome Pablo was also present.
The next member of the Fed board will serve even though he is not the chairman. And because the board's term doesn't expire until 2028, that means Pavel still has the right. He voted in favor of the interest rate policy, therefore he became president. The first Fed in over 70 years to have to work together.
Including the former president who still has voting rights. Okay, now let's move on to the issue that Thai people are interested in. Ultimately, it's about gold and silver, R.Jer. Honestly, everyone [in the music industry] should have gold and... Silver is in the portfolio because these two things are the best protection in this era.
Amidst the chaos of war and inflation, he never sold his gold. And silver in life, and hopefully my children will too. He inherited these two metals because he didn't. What reason would any human being give to sell gold? Or, as he called it, Silver in the 21st century. He also mentioned that he just bought more Silver last week.
Rogers sees Silver as having... It has higher potential than gold in the medium term because it is... Both precious metals and industrial metals... Needed in solar panels for electric vehicles and... Electronics continue to surge, a golden figure. The current terminology supports Rogers' viewpoint. Gold surged to a record high of $5,589 per ounce in early 2026, then pulled back to around $4,165-$4,500 recently.
JP Morgan forecasts gold to reach $6,000 per ounce by the end of this year, and Golden Sax predicts $5,400 by the end of 2026. Central banks... The whole world thinks the same way as Roger. In the first quarter of 2026, central banks purchased a net 244 tons of gold, while China alone imported 317 tons during the same period.
[Why]? Why are central banks around the world buying so much gold? It's like a homeowner who knows it's going to rain. It was about to rain heavily, so I hurried to buy a new roof. The central banks of China, Russia, India, and... The Middle East is [reducing] its holdings. Instead of holding the US dollar, people are turning to gold because of it.
There is no risk from any government policy. Anyone want to add more? Rogers also talked about stocks. He said that market leaders, star stocks that have risen sharply, have a tendency... It's likely to fall first because of investors who... I need cash, so I'm going to sell highly liquid stocks. And the price had already gone up, it was like when...
In flooded areas, people will sell goods that are easy to sell. Previously, it wasn't a difficult item to sell; Roger sold his shares. The US has released everything already, but what's interesting is him. I'm still holding US dollars, not because... I have confidence in the dollar, but because of other options.
Even worse, Europe has energy problems and... Japan's economy is sluggish, and its debt-to-GDP ratio is higher than that of the United States. China is facing problems in its real estate sector. They have n't fully recovered yet, and all of this is connected. This relates to the bigger picture of a changing world order.
Countries are looking to reduce their dependence on the dollar when making oil trading deals in foreign currencies. Local currency and the creation of alternative financial systems. This process is slow and gradual, but... We are moving forward relentlessly in this ever-changing world. With this shift in power, gold became...
Assets that are mutually agreed upon by all parties, regardless... Whether it's Team America or Team China, gold is the middle ground. That has been accepted by everyone throughout the 5,000 years of human history. This reflects an undeniable truth. One thing I'm relieved about is that the Fed has a president.
New doesn't necessarily mean a structural problem. The US economy could just disappear on its own. It's like changing doctors but the disease is still there. Roger was a man who dared to speak the truth. Nobody wants to hear it, and history tells us so. He always says [the song] right more often than wrong.
Although his pace might sometimes be faster. The market is following the US lead and playing Jenga. Pull the stick out, and then pull it again, and then pull it again. Roger said he didn't know which stick would do it. He wanted everything to fall apart, but he knew that one day it would. And he wouldn't be in the game when it happened.
Here's a summary of everything we discussed today, Jim. Roger, the legendary investor and founder of Smoke Teeth. He gave straightforward and unambiguous advice, saying that Kevin Watch, the new Fed chairman, should resign. Because you're stepping into a job with no way out. The US public debt has surpassed $39.24 trillion, or $2-4 trillion, representing 123% of GDP.
This year, the debt is projected to exceed $1 trillion for the first time in history. Inflation is sending signals back again from several sources. [The song] while Trump was pressuring for interest rate cuts. But the actual economic figures forced us to raise interest rates. A pawn trapped in a situation with no good way out.
Roger sold off all of his US stock in every direction. Then they held onto the gold and silver because they believed in it. It is considered the safest asset of our time. The world is experiencing a shift in the balance of power between central banks. The whole world is thinking the same thing and buying up gold in droves.
[Continuing] JP Morgan: Gold value at $6,000 by the end of the year, the process is good. Dollar Ration is moving slowly but surely. Stops and gold are the assets that every power bloc possesses. The world collectively acknowledges this as a signal to watch closely. Here are the CPI figures for July.
Released in July, if inflation remains above 4%, the Fed will have even less opportunity to cut interest rates. This is the first FOMC meeting in the Watch era to see what he will decide. However, what about the prices of gold and silver? How interesting was it before the buying spree? The new message will be a thank you to everyone who has been listening.
Okay, if you like this kind of content, please subscribe so you'll get more. I apologize for any errors. Thank you to everyone who commented and gave feedback. I will... We'll make improvements and revisions, but for today, I have to... That's all for now. See you in the next video. Goodbye!
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