Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).
Wednesday, June 29, 2011
The Euro is in a much better fundamental situation than the US Dollar
Jim Rogers : " I am delighted to see that , I still own the Euro it is one of the currencies I own , my main portfolio is I am long commodities and currencies , that's one of them , The Euro is in a much better fundamental situation than the US Dollar which I also own , I mean the Euro has a balance of trade surplus for the most part it is not a large debtor entity , it got some debtor entities within it , but the Euro is not such a disaster " regarding the Greece crisis Jim Rogers says "throughout history when countries got into this kind of situations the longer you delay the reality , the longer you delay the inevitable the worse it is in the end look at Argentina twenty years ago , let Greece go bankrupt , trying to bail them out or prolong the agony is going to make it worse " - in Bloomberg Interview 29 June 2011
