No doubt on my mind there will be exchange controls on Americans sometime in the next few years. When a nation gets itself to this kind of situation one of the things which politicians have always done is they have imposed exchange controls when things get bad. I know America will do it too. We've had exchange controls in the US before. We will have them again.
I would urge people to think about protecting themselves however they can by having some of their assets outside the US.
via Goldseek Radio interview
Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.
