A dapper Jim Rogers covers a number of important issues in the clip below. Despite the Reuters interviewer, who acts almost as if she is speaking to a senile person, Rogers keeps his cool and seems as sharp as ever.

Key points:

  • US needs to cut spending “with a chainsaw”.
  • EU rescue will “absolutely not” work.
  • Says Romney’s economic advisers “couldn’t be worse” than Obama’s, may be significantly better [count me skeptical on this point].
  • Generally short stocks, long commodities.
  • “Gold is going much higher over the decade.”
  • “More interested in agriculture than anything else”.
  • Buys Chinese Renminbi “whenever he gets the chance”.
  • Thinks Facebook is sh1t (join the club).