Jim Rogers : The Chinese yuan (CYB) is probably the best safe-haven currency now, The dollar is probably also a good bet in the short-term, but the “absolute worse” over the longer-term, - in CNBC
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).
Thursday, September 8, 2011
Wednesday, September 7, 2011
A huge mistake for Switzerland
Jim Rogers : The move will work for a while, but the market will have more money in the end than the SNB. The Swiss central bank risks losing a lot of money buying up lots of foreign currencies which they will eventually sell at a loss.
Another risk is that the central bank will totally debase the Swiss franc trying to keep Switzerland 'competitive' which will then destroy the traditional Swiss financial industry. Rogers said.
So this is a huge mistake for Switzerland since they are going to suffer more either way. - in CNBC
Another risk is that the central bank will totally debase the Swiss franc trying to keep Switzerland 'competitive' which will then destroy the traditional Swiss financial industry. Rogers said.
So this is a huge mistake for Switzerland since they are going to suffer more either way. - in CNBC
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).
RMB The Chinese Yuan Is The Best Currency
Jim Rogers : The Chinese yuan is the best...the US dollar is probably good in the short term, but the absolute worst over the long term. Jim Rogers has often criticized the Federal Reserve and Ben Bernanke for debasing the US dollar with its policy of printing money at full speed - in CNBC
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).
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).
Sunday, September 4, 2011
The Price Of a Commodity Will Never Go To Zero
Jim Rogers : The price of a commodity will never go to zero. When you invest in commodities futures, you're not buying a piece of paper that says you own an intangible piece of company that can go bankrupt.
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).
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).
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