Jim Rogers seems to think so:

 

Jim Rogers: The Economy Is Being Juiced Up Before the Election, Watch Out for 2013

 

Legendary global investor and chairman of Singapore-based Rogers Holdings, Jim Rogers has been talking about the recent 'upbeat' US economic data and bullish expectations for gold. He dismisses the first as "juicing up" the economy to win the election and calls for caution on the yellow metal.

Speaking to India's ET Now, Rogers said: "You have the American government spending staggering amounts of money right now, printing a lot of money and getting ready for the election".

"You have to remember the election in America in November…they do their best to get the economy juiced up so they can win the election," he added.

Rogers has been warning that the problem of too much debt can't be solved by more debt and that the next recession will be worse because the debt is going through the roof and in his words "we're shooting our bullets."

Rogers has long distrusted the Federal Reserve and the monetary policies it has been pursuing, claiming that "everything is worse instead of better."

The legendary investors' solution? "Let people go bankrupt. Let the system clean out and start over."

"2013 and 2014 are what I am most worried about because this year everybody is trying to just get through the next election…Everybody is going to do their best to get us through the election. Watch out for 2013, Rogers told ET Now.

When asked specifically about gold, he presented a more cautious view.

"I own gold and I am not selling gold by any set of imagination," he said, adding that if the yellow metal rose in 2012, that would make it 12 years in a row that it would be going up. "That is very unusual for any asset."

"It would not surprise me if gold continues to consolidate. Maybe by the end of the year, it will start rising again and maybe even have another up year in 2012, but gold needs to continue to consolidate," the renowned investor said.

"I want it to consolidate," he added, stressing that this would be best for the metal in the long-term as it will would allow it to rise higher.

Gold traders are the most bullish in two months. Eighteen of 23 surveyed by Bloomberg expect the metal to gain next week, the highest proportion since November 11.

Spot gold prices dipped to US$1,637 an ounce this morning London time – a 1.4% fall from Thursday's high.

Bullion rose 10% last year on the Comex in New York, beating the 1.2% drop in the Standard & Poor’s GSCI Total Return Index of 24 commodities and the 9.4% decline in the MSCI All-Country World Index of equities. Treasuries returned 9.8%, Bloomberg reported quoting a Bank of America Corp. index.

U.S. Gold Corp Chief Executive Rob McEwen said he expects global financial worries to push gold prices above US$2,000 an ounce in 2012 and much higher in the next few years.

 

This actually cheered me up a little today. If true it gives me one more peak earning year in my career and allows me to buy more silver, convince more family and friends and buy more guns.

source: http://www.bi-me.com/main.php?…..#038;mset=

I sure hope you are correct. I'm not seeing any happy economic news for this year. I'm trying to kick into high gear as far as Solar energy and becoming more self sufficient.  I'm just taking it about 6 months at a time.

My two cents says that prepping is a lifestyle not just a momentary, periodic change in worldview. So, either way I'm a prepper for life. Guys, even after all this is said and done, lets say 30 years from now, I will still be a prepper, ready for the next big collapse!!!

I agree without the incentive of my condition or all the economies starting to fail.  I'm not sure I would have started prepping. If it wasn't for the potential SHTF I'd be having a blast gardening, brewing beer and learning all the other stuff I've learned and revisiting some old skills.

Post edited 11:40 pm – January 16, 2012 by MW

. It's the cash on hand leftover that counts.

Ah, yes, the money you don't spend! A penny saved IS a penny earned. My wife and I pride ourselves on having  as little as possible in the way of bills and overhead in favor of having a lot of "discretionary" income. Most of the couples we know that are our age go on a single 1-2 week vacation a year but we go two or three plus several weekend trips to the lake, Dollywood, etc..My wife doesn't work, so its all on me. Friends always wonder with my job which is middle income how we do so much. Most are not really interested when I try to give them the details. Once they find our its about frugality and careful money management they lose interest. They're hoping I have some internet business or other quick-rich thing. Nope.

We have two cars but only one small car pmt which is almost paid off. Zero credit card debt. Income truly is relative so all I care about is what is left over and making it as big of an amount as possible, saving 1/3, giving 1/3 and having fun with 1/3.

We stick to our budget so much that we both are commonly heard saying at least once a day, "No, that's not in the budget" or "Yea, we can work that into the budget."

It like in the prequel movies of Star Wars. The guy who played emperor was actually controlling both sides against the middle. First he blackmailed the good leader, then he took power, then he started a war, then he eliminated the opposition while amassing huge power.

This "foreign" attacks will no doubt be executed by the hired hand of banksters and globalists.

Preconceived ideas are the best kind; well thought-out and tested as opposed to reactionary and based on fear.

I just love how so many people look outward for the next menace when its actually coming from within. The U.S. as a nation is by now a false idea predicated upon "what used to be." A tired notion that keeps the establishment in power through its system of projected patriotism to the masses. Namely, worship of war and military and the ideal of the American Dream which is hogwash considering the condition of our freedom and Liberty. Is it the best thing going? Barely, but its not nearly what it seems to be.

I don't trust a damn thing these Fed goons put out. When they say they're worried, I know they're excited. When they point to an enemy, I point to THEM. When they say we need to sacrifice, I laugh as I look at the national debt.

Everything major that happens (that we hear about) is at a minimum manipulated (not what it appears), if not outright fabricated (not reality) or caused by the corporate-government kabal. (when real).

Paranoid? No, just well-read.