Jim Rogers Bullish on Commodity based currencies like the Canadian Dollar

Jim Rogers : If commodities go down, commodity currencies might well correct too. The Australian dollar, the Canadian dollar, but I am not thinking about selling any of my bonds, currencies that are based on commodities. Again I hope you understand markets better than this. This is just a normal day's action. The idea that something dramatic has happened here in the markets, I do not see and I am looking at the same market you are and I do not see anything very dramatic going on. If something happens and the Canadian dollar collapses, then I hope I am smart enough to buy more, the Australian dollar but a few hours of action in the market is not enough for me to even notice. I would not have even noticed if you had not called.


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary 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%.