Jim Rogers :there are any trees left if they keep on printing money as they have been doing lately
Jim Rogers : I have not bought any shares anywhere in the world since November 2008 then I bought Chinese shares
"They are pouring huge amounts of money into the market The central banks around the world they are printing money as fast as they can that money got to go somewhere and one of the places it goes is the stock market around the world not only in the US or the west ,
I do not pay any attention to the federal reserve at all , they are a bunch of bureaucrats , they have been dead wrong in nearly everything for years , this particular group on the FED , they have been dead wrong for decades ...
"We're going to have another recession, I guarantee you... By 2012 say, it's time for another recession," Jim Rogers, chairman of Rogers Holdings, told CNBC Wednesday. "The next time it's going to be worse because we've shot all of our bullets," he added.
The Chinese renminbi may replace other currencies in 20 years, but it is "absurd" to think of this now, as it is still a controlled currency, he said."There are two bubbles in the world: one is in Treasurys, the other is in urban and coastal real estate in China," Rogers also told CNBC
Jim Rogers president of Rogers Holdings is George Soros former partner and co-founder of the Quantum Fund, and a truly legendary international investor who helped generate a 4,200% total return over a 10-year period .Jim Rogers is always bullish on Asia Commodities Agricultural Products gold and silver
No comments:
Post a Comment