For those that think of immigration as an ongoing disaster for the western world, read the book "Culture of Critique" by Kevin McDonald. You will be shocked, saddened, and angered.....

Knowledge is power.

bobert, long beach, ca

Larry from Canada, what are you thinking. A North American Union would distroy the quality of life for Canadians and Americans. Type North American Union into Youtube and educate yourself. NO,NO,NO to the NAU!!!!

Glen, LO, Canada

Agree completely with bobert on the immigration mess. Enough already!

We have quite enough minimum-wage illiterates, thank you.

Even legal immigration should be stopped cold for the next few years, since we have no more than minimal standards for that.

But please learn to spell homogeneous (pronounced ho-mo-JEEN-yuhs).

If you misspell it, you probably pronounce it wrong too, like "ho-MOJ-uh-nuss."

A common error, but still an error.

ultramar, Hattiesburg, USA/MS

there are plans to form a north american union which will offer a more prosperous entity than the current status quo. Those plans can only be achieved in a window of opportunity created by a demise of the us dollar so that case for a new union will be most compelling. In the meantime enjoy the commodites futures market and make some money ppl!

larry, ca, canada

Rogers and Peter Schiff are pretty much correct about the Dollar. The decouple theory isn't proven correct or wrong - these things take time. To use the China example, in fact, for the last decade, the Chinese economy has grown at higher rates than the US. Growth compounds. With the US in recession, China is already adding more to GDP than the US. Imagine how much greater the Chinese will be when the start letting their currency appreciate. Bottom line, the US is an ever smaller piece of the pie. Get into gold, silver, ag, energy - the stuff that has global demand. Stay away from speculative US stocks who's profit base, the US consumer, is slowing decaying. Again, nothing happens in a straight line, believe in a strategy and stick to it. Jim Rogers and Peter Schiff (EuroPac.net) have it correct.

Jason, Orange County, CA

Rogers may be correct on the dollar, but he's imbecilic when it comes to immigration. If anyone thinks massive third-world immigration to the west is a good thing, they need to have their head examined. There are ethnic conflicts raging on every continent. Differences lead to division.

To claim that inviting ethnic and racial division into homogenous western countries is good is pure idealism and doesn't bear out in actual practice.

The west should be more like japan or korea or china...they should stay as homogenous as possible in order to limit inevitable jealousy, envy, suspicion and conflict that inevitably results when people that see eachother as "different" are brought together. The best way to help the west is to drop liberalism and encourage white gentiles to have larger families through financial incentives and societal affirmation of child rearing. Rogers should stick to investing........and keep his silly nose out of social policy and demographics.

bobert, long beach, ca

Rogers is wrong - he still believes China will decouple from the US, and moved his family from the US to China based on this belief. His commodities fund was pillaged by Refco, and the investors lost all their money. Don't give him too much credit. He's lost his touch the past 5 years.

Schahrzad, Poway, CA

Darryl, what makes you think the Euro (a currency that really will end in tears) is any better ? Or the pound ? These exchange rates will push Europe and the UK into a far worse recession than will be experienced in the US. At the moment the only real thing causing the falling dollar is market sentiment. This will change. The trend will turn. Also if you knew anything about economics, you'd know that in an era of globalisation trade figures are not what they seem.

Paul, London, UK

Jim Rogers is a legend - a man who has been right more often than people can ever remember. He identified the commodities bull market of the late 1960s to 1980 (and the corresponding bear market for stocks), correctly predicted the stock market boom in Austria in the 1980s, predicted the Wall Street bull market of the 1980s (and the commodities bear market), predicted the 1987 crash and correctly pulled out of the dot com bubble and, finally, predicted the current commodities bull market.

It is truly amazing to think that he has managed to get it right so many times. He is not infallible but he has a record of being right that should be a warning to all of us.

I have personally benefited enormously from Rogers' advice (given freely on TV for no charge) - Ive benefited from the current bull market in gold and silver and have saved myself hundreds of thousands of pounds in UK property and equities by following his advice. I shall remain an admirer of Jimmy Rogers for ever.

Adam, London,

Once gold crashes and the dollar bounces back? Hold your breath.

david, Antigua, Guatemala

nobody block bull way. $3400 is correct price. within 4 years.

ran, chicago, usa. ill

Maybe I should form my own opinions how about that. If you think gold is a one way street go ahead and buy buy buy. Did somebody say NASDAQ 2000 ? Fools extrapolate trends - that's the problem.

Paul, London, Kent

Historically as commodities rise, demand falls. The problem with commodities is that they offer no income and cost money to hold. Of course if the US continues to print money to bridge the funding gap, then that ($) will eventually fall in value itself.
However, just like equities in industry are dynamic, the people of America are amongst the most hard working and inventive people in the world. They are also the most likely to continue spending and enjoying themselves. If it wasn't for their foreign adventures and poor regulation of financial markets they would be much better off.

David Nammory, Liverpool,

Jim Rogers is a highly respected individual who has correctly predicted the US problems, long before they have happened. He is someone whose words you should listen to carefully!!

Michele, Warwick, Rhode island, USA

A highly probable senerio, the Fed is is now lending money at rate below inflation. Borrow money, buy commodities which have a habit of matching inflation and youll make a return. Of couse this create a visiojous circle which send fiat currancies into decline.

Anyone who thinks the Fed can fix the ecomony and make everything OK again just by creating money out of thin are then they are deluded.

A Harris, Kettering, UK

The Fed is intent on destroying the dollar and stoking inflation. To protect yrself put your money into commodities.

j Barrow, Bradford, UK

Forgive me... do you understand economics, Paul from London? The US has a current account deficit of roughly $800 billion annually, on top of US gov't debt approaching 10 TRILLION dollars, and is on the brink of a massive recession. The US dollar index has fallen from 120 in 2001, to below 74 in 2008. What in the world makes you think that the dollar can bounce back when all economic signs point to a secular bear market in dollars? I am not being sarcastic, I would love to hear your logic on this.

Darryl, Apex, North Carolina

The golden eagle will stay that way no matter how many dollars you tie around its hip. That bag of wheat or bushel of corn will come down crashing once the season has passed and the maggots have had their say. There is a reason why we stopped the barter system and started trading in precious metals. Jim, get out and smell the roses they will rot unlike that coin of gold.

Narsi, chennai, India

I agree with Roger's survey of the Dollar and the US.

I fail to see his logic about immigration. How has it helped the US or Europe? We don't see Tokyo burning due to immigrant gangs as has Paris, France, nor do we see riots in Sapporo as we do in Bradford, England, nor does Japan have restrictions on free speech, affirmative action, or massive wealth redistributions to make outsiders feel like natives.

It seems to me Japan is a safer, stabler, and more prosperous country because it does restrict immigration, as does China.

Kevin MacDonald, Pepperdine, CA, USA

Well, Rogers said back in late 2005, when gold was $512 oz.., that it was on its way to $900. That prediction has held up. If he is now saying gold is poised to reach the $2,000-3,000 range, I'd pay attention to him. And, if anyone can tell me how the dollar is going to "bounce back" any time soon in a country riddled with debt; fighting a costly war in the Middle East; and facing bank foreclosures & a failing housing market, please share that info with us.

Linda, Sacramento,

The $ will bounce back as high as a dead cat could manage. Gold is responding to the death thoes of fiat currencies and the $ is leading the rush to the cemetery.

If you have any $ stick them in a frame as the $ is history and will be replaced by the Amero, the new currency of the coming North American Union between the US, Canada and Mexico.

Learn Mandarin and buy physical Gold and Silver.

Neil Turner, Cardiff, UK

Maybe you should be buying gold instead of knocking someone that knows what he is talking about.

mike, london, london

Jim may be corrrect the world has changed , it has in Australia and dont we love it. Will it go back to as it was ? don't bet on it. The game has now got a lot more players and they dont live in the west.

Brian Ross

Australia

brian ross, gladstone , australia

This guy just likes the sound of his own voice. The trouble is nobody will want to a listen to anything else he has to say once gold crashes and the dollar bounces back.

Paul, London, Kent