Jim Rogers : EU Bailout another nail in the coffin of The Euro

Rogers Says EU Bailout Another `Nail in Coffin' for Euro

Jim Rogers : I am long the Euro not that I am making any money but I was stunned this means that they have giving up on the Euro they do not particularly care if they have a sound currency , you have all these countries spending money they do not have and it is going to continue so..I have to worry about the Euro ...I worry about all paper money , all paper money but this is just another nail in the coffin ...
The fundamentals are terrible for all paper money , every currency , there are a few I mean the Singapore dollar is the soundest of all philosophically anyway , Canadian (dollar) ...there are some currencies that are reasonably sound but basically all politicians in the world now how to buy votes now and they are doing their best to buy votes that's not good , why you think gold is going to the roof , not going to the roof yet but it is going up , because other people understand what I understand...
...Money has to come from somewhere you either have to print it or borrow it or tax it , in the end people who are putting up the money will say things aren't better for me , and the currency is being debased everywhere...The idea of solving debt and consumption with more debt and more consumption , can you believe that the grown ups would say something like that ?!?! I men it is mind bugling to me that people who are supposedly educated would believe this and they seem to , I think what they really know in their hearts is we just gonna put the problem off until I am gone and then the next guy would have to worry about it , it is not going to help us all says Jim Rogers chairman of rogers Holding ,
May 12 (Bloomberg) -- Jim Rogers, chairman of Rogers Holdings, talks with Bloomberg's Haslinda Amin in Singapore about the $1 trillion European loan package to stop the sovereign debt crisis, and the outlook for the euro. (This is an excerpt of the full interview. Source: Bloomberg)

Jim Rogers on the Euro, Greece bailout, EU future

Jim Rogers on Russia today 25 March 2010

why should hard working Germans and dutch should come to the rescue of people who have been spending money they do not have , Greece should be left to go bankrupt it is better for Greece for Europe and for the Euro , many countries have been faking the books not just Greece , says investor Jim Rogers
Tensions are running high in the euro zone as the common currency plunged to a ten month low against the dollar following Germany's unwillingness to rescue struggling Greece. This comes as EU leaders prepare for a two-day summit in Brussels where they will discuss how best to help Athens. Germany, Europe's largest economy, opposes the idea of any European bailout and wants Athens to turn to the International Monetary Fund instead.
RT talks to global commodities investment guru, Jim Rogers.



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

Jim Rogers : Greece should be left to go Bankrupt it is better for the Euro

Jim Rogers Discusses Greece's Fiscal Woes, Euro - Bloomberg 08 Mar 2010

March 8 (Bloomberg) -- Jim Rogers, chairman of Rogers Holdings, talks with Bloomberg's Betty Liu about Greece's fiscal woes. Rogers, speaking from Vienna, says a bankruptcy for Greece would benefit the euro. (This is an excerpt of the full interview. Source: Bloomberg)

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