Saturday, July 16, 2011

My shorts are protecting me during this period

Jim Rogers : "..If the world economy gets better I am gonna make money in commodities because of shortages , if the world economy does not get better they are gonna print money and the place to be will be in commodities , I have shorts , I hope I have plenty of shorts so my shorts are protecting me during this period and during any down draft in commodities , when things come out of this first thing they will go up and the things that will go up the most are probably commodities cause they are going to print more money and if they do not print more money it is because the economy is getting better and you gonna have big shortages " in Reuters Interview 13 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).