Jim Rogers graduated from Yale University and has a degree in philosophy, politics and economics from Oxford University. Jimmy Rogers became a Wall street legend when he and George Soros founded the Quantum Fund.After his career as a hedge fund manager and investor,Jim Rogers now periodically teaches finance at Columbia University, and appears regularly on the CNBC Cable Network.
Wednesday, March 22, 2017
Jim Rogers Bearish on The Japanese Yen
I am skeptical about the Japanese Yen. Some people consider the Yen as a safe haven when compared to the U.S. Dollar. It will be stronger then the Euro Currency (EUR) or less weak than the Euro,
I should say, but I would not buy the Yen either. There is some money that goes to the Yen on the mistaken view that it is a safe haven too, but the Japanese have gigantic debts as well, their internal debts are higher than in the U.S. and it is not a place to put money.
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).