Is it time for a market crash? Jim Rogers thinks so, but he has been predicting a crash for years. U.S. stocks opened higher this morning, hitting fresh records. Furthermore, Reuters has recently reported,
“The median house price jumped 6.5 percent from a year ago to an all-time high of $263,800 in June. It was the 64th straight month of year-on-year price increases.”
Jim Rogers Predicts Market Crash
This could be a sign the market rally is getting long in the tooth. It was the real estate market that ultimately led to the crash of 2008. Legendary investor Jim Rogers is making predictions for the biggest financial crisis we’ll see in our lifetimes; and, he explains how he’ll be protecting himself. Rogers proclaims,
“Gold is going to be explosive in the next few years.”
Rogers said, as he gave his insight on gold, the U.S. dollar, and the crypto-craze. Jim Rogers was recently in Las Vegas for Freedom Fest.