Jim Rogers : The currency crisis has been going on for a while

Jim Rogers :...The currency crisis has been going on for a while. It did not start this week. It has been happening for a while. It started with, maybe depending on how you want to look at it, with Iceland or Latvia or many other countries who have been having problems, and the currency crisis is continuing and is going to get worse. This is not the end. Over the next year or more, we are going to see more. So prepare yourself.....

Jim Rogers The Currency crisis will get worse

Legendary Investor Jim Rogers to the Economic Times :"Well, I do not pay that much attention to the Federal Reserve. The Federal Reserve basically follows the market. The market has a lot more money and a lot more power than any central bank, including the Federal Reserve. The people or bureaucrats would follow the markets for the most part. The market is already getting hesitant as you probably know. Long-term interest rates have been going up in the past few months. The long-term bond in America made its peak several months ago, so I would watch the markets more than the Federal Reserve, if I were you. The markets are getting leary of all this money printing, which has been going on and as you know, central banks have been buying bonds in a huge way. The markets are getting suspicious and leary of that including me. So I would suspect you will see higher interest rates in the next year or so. "read the full interview >>>

Jim Rogers : I doubt if Euro be there in 2020 or 2030

Jim Rogers : we are going to have more and more currency turmoil over 2010 and 2011

In a recent Interview with the Indian Economic Times , Investment Guru and commodities legend Jim Rogers was asked about the currency crisis we are having in Europe and how he sees the future of the Euro , Jim Rogers doubt that we will see a Euro by 2020 - 2030 :
Q :You made a forecast sometime last year about an impending currency crisis. Do you think that’s going to happen?

A :"It’s happening. Don’t you read, don’t you watch the TV, don’t you see what is happening in Europe? I mean, we are having at least the semi-crisis and I think that we are going to have more and more currency turmoil over 2010 and 2011. It’s happening. I am glad you brought it up."

Q: Do you think the Euro is going to survive?

A: "If Euro probably survived this time around and I doubt if Euro be there in 2020 or 2030, but I suspect it somehow that the Euro will survive 2010."

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Jim Rogers president of Rogers Holdings is George Soros former partner and co-founder of the Quantum Fund, and a truly legendary international investor who helped generate a 4,200% total return over a 10-year period .Jim Rogers is always bullish on Asia Commodities Agricultural Products gold and silver

Currency crisis in this fall . Bernanke and Greenspan have brought crony capitalism

“I would expect there to be a currency crisis or a semi crisis this fall or next year. It’s crony capitalism, Bernanke and Greenspan have brought crony capitalism to America but that’s not going to solve the world’s problems,” Jim Rogers, CEO of Rogers Holdings, told CNBC Monday
“How can the solution for debt and consumption be more debt and more consumption? How can that be the solution to our problems?,” he added