Wednesday, August 24, 2011

We already started QE3

Jim Rogers : ...we already started Quantitative Easing they are trying to disguise it they do not want to admit that they are doing it , but they have announced that they are going to keep interest rates low for two years the only way you can do that is to interfere in the market or go into the market and keep rates down you can't just say it out loud it does not make it happen so they are already in the market trying to keep interest rates down , because interest rates are eventually going to go much higher after all this absurdity now even if they have announced something I am sure they will try to continue to disguise it and call it something else they have already fooled a lot of people with this most recent announcement - in TMRN Time Monk Radio interview - 2011-08-21 

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).