I happen to be long commodities and short emerging markets and technology in the United States. I am also long currencies, I am short a major American bank and short bonds. It looks as though we are going to have a period of turmoil for a while. A market I am looking at is Japan; I own the Yen. I bought Japanese shares when the tsunami came, I think I am probably going to buy some more.
I own the U.S. Dollar. It has been terribly beaten down. Everybody is bearish on the U.S Dollar including me. It’s fundamentally a terribly flawed currency. But when everybody is bearish on something it is usually a time to own it.
Jim Rogers is a bestselling author, financial commentator and sucessful 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).