Friday, September 23, 2011

Jim Rogers CNBC video Interview

Sept 22 2011 : Jim Rogers on Brazil's Trade War the dollar gold and silver and currencies and the market crash

We are much worse off than we were in 2008

Jim Rogers : the major problems are coming from the west, They are coming from Europe and the United States. We are much worse off than we were in 2008 because the debt has gone through the roof. At least in 2008 there was the possibility that the governments could bail us out. Now, of course, the governments have gotten deep, deep, deep into debt themselves,Everybody is in much worse shape. - in CNBC

I Am Planning To Buy Swiss Francs, Dollars & Agriculture

Jim Rogers : The dollar is going up against everything right now for a number of reasonss. One may be that everybody is panicking "and for some reason they’re rushing into the U.S. dollar. The U.S. dollar is not a safe haven, if you ask me, but I do own it, Agriculture prices are getting banged right now. I am kind of planning on buying Swiss francs, more dollars and agriculture. - in CNBC

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