wall street king and commodities legend Jim Rogers says that the rally in stocks and the dollar will soon end, thanks to the Federal Reserve’s massive easing policy.
“I’m not selling short yet. But…if it keeps going like this, I’ll have to start selling short eventually. I don’t see the stock market as a great place to be in the next two to three years, maybe even the next decade.”
Jim,
ReplyDeleteIt's great to see you have a blog. In addition to being usually right, you manage to say things in a colorful way.
I saw you speak in Livingston, AL back around 2003. At the time, I was looking for a business to get into. I don't have the skills to be a farmer or miner, but I did find something that matches my interests.
I began publishing a professional health care newspaper for doctors and nurses, the Birmingham Medical News. I actually interviewed you a few years ago for a financial feature we had. The paper has done real well for 3-4 years, and in the downturn so far we've managed to hang in pretty well.
Please keep on keeping on. I've thoroughly enjoyed your interviews the past few years. I really appreciate you telling it like it is regarding the insane bailouts.
Also, here's two blogs you should check out, if you haven't already:
http://www.ritholtz.com/blog/ Lot of information here
http://alephblog.com/ Good insight from a knowledgeable guy
Also, with your knack for history, you should take a look at George Friedman's new book, The Next Hundred Years. It conflicts with a lot of your vision (he expects China to split apart in a decade; the USA is just beginning its ascendance), but he's very well thought of; he started one of the largest private intelligence companies in the world.