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Jim Rogers warns governments could take your savings

Adam Pike, News Editor
8 May 2014, 10:23 a.m.

Legendary investor and author Jim Rogers is warning that governments could potentially take your savings. In an interview with the Sprott group, Rogers explained that American and European governments have the legal power to confiscate your savings.

According to Rogers the confiscation of wealth has already happened in Poland and Argentina as both governments struggle to balance their finances.

Rogers co-founded the Quantum Hedge Fund with George Soros in 1973.

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