Rogers: 'Catastrophe' Coming, Thanks to Central Banks

"Well, the artificial sea is going to disappear someday. And when it does, the catastrophe will be even worse. Yes, it's coming."

And what about the timing?  "If I was smart enough to tell you when it's going to happen, I would get rich," Rogers said.

He says there's no reason to sell stocks now. "I'm not buying U.S. shares at the moment, but I'm not shorting either, because I am concerned this may turn into a huge bubble. So I'm sitting and watching," Rogers said.

Read More: www.moneynews.com/StreetTalk/Rogers-financial-catastrophe-banks/2013/10/03/id/529202