The OPEC always cheating on each other

"They always come to a consensus verbally and when they have public relations announcements, but they are always cheating on each other. I do not pay too much attention to OPEC because OPEC is running out of oil just like the rest of the world. Do not waste your time watching OPEC, I guess you have to because you have got to have something on TV, but OPEC is not nearly the force it used to be. The market is much more important." Jim Rogers in ET Now

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).

Long The US dollar

"At the moment, I happen to be long US dollars because everybody is so pessimistic about it, including me. So when I see that 95 or 98% of the people are bearish on something, I stepped in and bought. I own the US dollar. I do not know how long I will own it. If it goes up, I am sure I would sell it. If it goes down, I would probably sell it and take my losses. But it is only because there are too many bears at the moment." Jim Rogers in ET Now

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).

European Central Bank ECB interest rates

"I hope that he will raise interest rates. I wish Mr. Trichet would be running the American central bank, at least he knows if there is inflation in the world. The Indian central bank is doing a better job. The European Central Bank is doing a better job than the American. I hope he raises interest rates. It will be good for Europe, it will be good for the world." Jim Rogers in ET Now

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).