George Soros: The Dollar no longer The reserve currency

Billionaire financier George Soros During his Bretton Woods II weekend conference speaks to Bloomberg about the Us Dollar future and the ECB's decision to raise its interest rates , Soros : .." The big question is whether the U.S. dollar should be the main reserve currency; and in fact it no longer is, but there is the euro as an alternative and there is a lot of diversification into other currencies, and even more into ommodities. Not only gold but actually Oil , Oil is now an asset class for investors and that has put some upward pressure on the commodities "


.Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.