Monday, August 19, 2013

Jim Rogers predicts the Collapse of the U.S. Dollar by 2020

Jim Rogers Interview : Dollar to Soar, Then Fail .On Aug. 1 internationally famous investor Jim Rogers was interviewed on local Lansing, Mich., radio station 1320 WILS AM .When asked about currencies, Rogers predicted that the U.S. dollar will fail before the end of this decade. The reasons for his prediction included the massive inflation of the money supply, masked by calling it quantitative easing, and the huge overspending by the U.S. government.

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).