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Jim Rogers expects a multi-asset bubble to burst and the American economy to run into trouble.
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George Soros’ cofounder hopes to profit by shorting the “Magnificent Seven” stocks at the right time.
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Rogers touted gold and silver, warned the inflation threat isn’t over, and slammed the Fed.
Jim Rogers expects asset prices to plunge and economic disaster to strike — and he plans to profit by betting against stock-market darlings like Tesla and Nvidia when the time is right.
“Bonds are a bubble, property in many countries is a bubble, stocks are getting ready for a bubble,” the veteran investor and travel author told Soar Financially in a recent interview.
Rogers has dumped many of his stocks and bonds in anticipation of a painful slump, but he’s “not shorting yet because often at the end there’s a blowoff and things get really crazy,” he said.
He flagged “warning…