Wednesday, December 4, 2013

The U.S. Dollar Will Disappear In The Long Term



Jim Rogers

Jim Rogers

I expect more currency turmoil in the future and I suspect people will go to the U.S. Dollar when there`s currency turmoil because they do not know what else to do. I own the U.S. Dollar at the moment but I don`t have any confidence in the long term future of the U.S. Dollar. It`s going to disappear in the long term.

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%.

1 comment:

  1. Simran ShahDecember 4, 2013 at 2:36 AM

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