Wednesday, June 11, 2014

Oil Prices: America have sold its oil reserves

America does have oil reserves but they are not enough to,  I mean if we sold all of our reserves, its not enough to have any significant impact on the world oil market. It may make the market go down for a day, or a week, or 2 weeks even, but then the market is going to go back where it was before or go even back more because now America have sold its oil reserves.

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).