Tuesday, July 26, 2011

If the US defaults it will be for a day or two

Jim Rogers : " Well Kelly all this stuff in Washington , I know you have to report on something but it's basically a scam a charade if you ask me they're just trying to get publicity they're no going to default , if the US defaults it will be for a day or two they are going to put together some kind of false package they're going to say everything is alright but then everything is going to get worse . What is the status of the US Dollar ? I actually own the US Dollar at the moment because everybody is so pessimistic on it , including me , usually when that kind of thing happens something comes along and causes a rally " - in The Wall Street Journal Interview - 25 July 2011

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).