Jim Rogers CNBC interview - 09 September 2011

Jim Rogers : David, as you well know, crises usually happen in the fall. well here we are in September with October coming out next , the good news would be if Greece did go bankrupt. if you ask me, this morning in Europe anyway, Greek interest rates were over 90%. maybe the market is telling us it's finally time well, if Greece defaults you've got to have other people that default, too, Italy and Spain and a few others. if they did that, obviously New York would go down a fair amount but that would mean that Europe is going to have a very strong sound currency. people cannot lie about their finances anymore. people would have to run a tight ship. a lot of pain between now and then, but, boy, if that happened in the next month or so, buy all the euro you can.

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%.