Wednesday, August 31, 2011

Alternative to dollar

Jim Rogers : The world definitely needs something to compete with and replace the US dollar. But I don't see that happening anytime soon. It is going to take a while for a currency to come up to replace the US dollar. We need an alternative, but it takes a while. America is the largest debtor nation in the history of the world. There is no such currency at this point.


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).

Demand for commodities

Jim Rogers : Depends on how you want to see it. If governments go on printing more money, people will want to hold more commodities. You may have the economy slow because at the moment, there is a slowdown and that may slow the demand for commodities.






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).

Base metals

Jim Rogers : As far as base metals are concerned, they have already corrected and they will be probably rallying soon. In the short term, I would expect a rally in the commodity market. I am not buying that is what I would expect.



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).

JIM ROGERS BLOG