Jim Rogers : The Euro not an alternative to the Dollar as world Reserve Currency

Jim Rogers : The head of the central bank in America does not have a clue about currencies , you should see some of his testimony under oath so the man is not a liar cause he is under oath , he does not have a clue about the currencies and if the head of the central bank does not understand in currencies I assure you most of the people do not neither says Jim Rogers who believes that the dollar will lose its status as the world reserve currency in the coming years "absolutely , may be over the next five years may be over the next five months the way things are going " "people are already trying to find (an alternative) as you know , to answer your question they have not found an alternative , I own the Euro if they try the Euro it would not work there is no question there is no alternative right now , but that gonna make the situation worse , can it happen yes it can happen , once upon a time the pound sterling was the world reserve currency you may know that that changed , it rolled away from the pound sterling into the US Dollar well that's happening with the US Dollar now ....Jim Rogers explains ....in BBC Hardtalk


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%.