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).

The U.S. Already Has Lost AAA Rating

Jim Rogers : "..The U.S. Already Has Lost AAA Rating , Everyone who knows what's going on already knows that the U.S. has lost its AAA status,” Rogers said. “Anyone who knows what is going on, already knows that the U.S. is now the biggest debtor nation in the history of the world. It’s only S&P and Moody’s that haven’t figured out what is going on. The investment world knows that the U.S. is not AAA.”
- 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).

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