Tuesday, January 3, 2012

Many Governments will Print Money in 2012

CNBC - 03 January 2012 : Jim Rogers, CEO and chairman of Rogers Holdings, told CNBC, "I suspect that Merkel and that crowd are going to do something to make us feel better, remember the French have an election this year and I think they would like to win the election, so I suspect you are going to see things coming out of governments for the euro." and that markets will do well this year as governments around the world spend and print a lot of money. But he thinks that strategy is a "horrible mistake" and "we'll all pay for it down the road