This blog follows the day to day public broadcasts/interviews with Commodities & Currencies trading and investing legend Jim Rogers. Notorious for always being one step ahead of the game Jim has a massively successful career spanning four decades. Co founder of the Quantum Fund with George Soros Jim is best known for his prediction of the current Commodity Super Cycle and the rise of China.
Friday, 22 July 2011
Jim Rogers - Time to buy the USD
Jim Rogers, the legendary investor (called the bottom on EUR/USD last June 2010), was quoted earlier today: “I bought Japanese shares when the tsunami came, I think I am probably going to buy some more. I own the U.S. Dollar. It has been terribly beaten down. Everybody is bearish on the U.S Dollar including me. It’s fundamentally a terribly flawed currency. But when everybody is bearish on something it is usually a time to own it.”http://www.fxstreet.com/news/forex-news/article.aspx?storyid=9c991fe0-da07-4b5c-85e7-357d3a84e845
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