Tuesday, September 2, 2014

Sanctions not having effect on Russia

My point about sanctions is that they don’t seem to be hurting Russia, I don’t see that there’s any major sanctions that can hurt Russia over any extended period of time, so, no, I am for one do not see how sanctions from America, especially if their allies don’t go along with them, or don’t go along with them in a big way – I don’t see how that can hurt Russia other than, maybe, in the short-term. It’s just that I don’t see it.

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).