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).
Monday, March 18, 2013
Sterling to continue lower
On the Moody's downgrade of the UK economy from AAA to AA1. I'm a little surprised it took Moody's so long to get around to lowering the credit rating. The UK, the US, and other countries are in serious trouble, and the world seems to know it. It's just the rating agencies that don't know it. I suspect sterling will continue to go down in real terms against real assets.
at 11:24 AM