I watched this Rogers interview and the biggest thing I took from it was Rogers didn't have an opinion on what new currency would be coming after the debt implosion comes.
As big as he's into commodities I thought for sure he would said something about a commodities-backed currencu of some sort. He flat out said he didn't know. That's probably something he doesn't follow closely.
Most of the rest of the interview he has said before, but he's still calling for a bad bear market ahead and for PM's to come out of it much stronger. I agree with him there.
I personally think it's possible we could see a bigger percentage move in the gold price than was seen in the 70's. Stagflation is going to be present in a big way going forward and the Banksters aren't going to be able to tame it with rates below the inflation level. Rogers mentioned about what Volcker had to do by raising rates to 20% to finally break inflation back then. I think we may see problems cropping up with the next hike they make. Volcker didn't have the huge debt issues then that the current Banksters have.
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