Jim Rogers : well, I own the u.s. dollar. eventually, yes, Larry, it's going destroy the u.s. dollar. the moment -- unfortunately, there are lots of other complications in the world. so many people will race to the dollar as a safe haven. it's not a safe haven. I just said, longer-term, it's going to be a disaster. at the moment, i own it, because people don't know what else to do. but Larry, longer-term, we are the largest creditor or sorry, largest debtor nation in the history of the world. and the debts are skyrocketing. and i don't see anybody that's likely to win the presidency that's going to do anything about it, conceivably Ron Paul would do something about it, if he can win. but the other guys, i mean, you ask about Romney. Romney is like Obama. what's the difference in Obama and Romney? except Obama is from Chicago and Romney is from Boston. - in the the Larry Kudlow Report
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%.