The world needs something to compete with and replace the US dollar

Jim Rogers : The world definitely needs something to compete with and replace the US dollar. But I don't see that happening anytime soon. It is going to take a while for a currency to come up to replace the US dollar. We need an alternative, but it takes a while. America is the largest debtor nation in the history of the world. There is no such currency at this point. - in www.indiavision.com

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).

Long The US dollar

"At the moment, I happen to be long US dollars because everybody is so pessimistic about it, including me. So when I see that 95 or 98% of the people are bearish on something, I stepped in and bought. I own the US dollar. I do not know how long I will own it. If it goes up, I am sure I would sell it. If it goes down, I would probably sell it and take my losses. But it is only because there are too many bears at the moment." Jim Rogers in ET Now

Jim Rogers is a bestselling author, financial commentator and sucessful 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).

the US dollar is going to become confetti in 2011

"Now, maybe the US dollar is going to become confetti in 2011, and if that's the case and silver goes to $150, then obviously I wouldn't sell my silver," - Jim Rogers

I am long the dollar because of too many bears

" Scott, it's actually because people like you and me are very, very bullish, bearish on the u.s. dollar. i'm terribly bearish on the longer term, even medium term and i know you are too. that's why I am long the dollar because of too many bears " Jim Rogers in CNBC

The US Dollar Will Be Debased A Great Deal In The Future

The US Dollar Will Be Debased A Great Deal In The Future says famed investor Jim Rogers chairman of Rogers Holding : " Everything I have told the world about gold and silver is going to continue to happen. Eventually gold will be a couple of thousand dollars an ounce, and probably much higher, as currencies become more debased, who knows how high.

Silver will definitely reach new highs. As I have said, the US dollar is in serious trouble, and will be debased a great deal in the future, and eventually will be problematical itself. So gold and silver will be measured by the US dollar but I hope there will still be some sound currencies no matter what happens.
in www.commodityonline.com