Jim Rogers : If Spain goes bankrupt next month, every thing, including oil, is going to go down

"Jim Rogers : I am not smart enough to know that. I presume you can watch some of the economic TV stations and you will figure all that out. I do know that the world's known reserves are declining and unless the world finds a lot of oil in accessible areas very quickly, the surprise is going to be how high the price of oil stays and how high it goes. If Spain goes bankrupt next month, every thing, including oil, is going to go down. But if that happens, I would urge you to buy a lot more because the price of oil over this decade is going to go much higher..."

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