Tuesday, February 25, 2014

Bullish On The U.S. Dollar

The reason I am long the U.S. dollar is because there is going to be a lot of turmoil in the world in the next one, two, or three years. Often, when there is a lot of turmoil people flee to the U.S. dollar because they think it is a safe haven. It is not a safe haven as you know, but many people think it is and so that is where they will go.

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).