Jim Rogers : I am going to have to dump the rest of my dollars

“If it keeps going down, I’m going to have to dump the rest of my dollars, and then it’s all over for the dollar.”
“If it goes down 3% or 4% from here, I would have to sell and get out and hope I’m still solvent. Then it’s going to, you know, multi-decade new lows.”
Somewhere along the line we’re going to have a tipping point for the dollar, then, it’s all over,” Investor Jim Rogers chairman of Rogers Holding said about the dollar in recent interviews




.Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%.

The Dollar next move is critical : Jim Rogers

The dollar’s next move is critical, famed investor and commodities legend Jim Rogers said,
“if it goes down 3% or 4% from here, I would have to sell and get out and hope I’m still solvent.”
Rogers continues: “Somewhere along the line we’re going to have a tipping point for the dollar, then it’s all over.” “I thought it would happen in a few years; maybe it’s going to happen in a few weeks.” Jim Rogers told Yahoo Finance recently





.Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%.

Jim Rogers : people jump into dollars when there is war.

Jim Rogers : "...I am always looking at everything to buy and sell. I watch the markets here everyday, every week, every month because if something happens, I want to know and I told you that I was buying some US dollars because everybody was extremely pessimistic on US dollar. I might buy more US dollars if this is going to be serious. Not because I am optimistic about the dollar, but because for whatever reason, people jump into dollars when there is war. ..."
in www.economictimes.indiatimes.com

Jim Rogers : I bought some dollars a little while ago

Jim Rogers : "...I bought some dollars a little while ago because everybody including me was so pessimistic, but if more war looks like is coming, right or wrong, people will buy dollars. So I will too, but again, it depends on how things work tonight and tomorrow as we go forward.


I cannot quite figure out why North Koreans are doing what they are doing and it may be you all know. If you know, you should please tell us all that dollars and commodities, those are places where people rush when there is war. ..."

China Needs to Diversify from Dollars

"We need to diversify (away from dollars), to buy more financial assets from the European Union and Japan," Cheng Siwei, vice chairman of the Standing Committee at the National People's Congress of China, told CNBC Friday.