Monday, January 28, 2013

Interest Rates Will Be Going Higher Over The Next Decade Or Two

"If one can borrow at fixed rates, I would certainly urge him to these days and in US dollars, because in my view interest rates will certainly be going higher over the next decade or two. Maybe there will be another drop first, but, no, no, no...these interest rates are absurd and will not last." - in Fox Business News

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).