Jim Rogers conitnued his media blitz this past two days with appearances on CNBC. Below are seven, yes seven videos of Jim Rogers on CNBC. Special thanks to Youtube’s Jim Rogers Channel for providing the videos.
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March 6th, 2009 at 12:18 am
Has anyone explored the Chilean Peso as a sound currency? Chile is a copper exporting country, the only AAA rated country in South America, has a budget surplus (4.5% of GDP), tiny govt/public debt (3.8% of GDP), and relatively strong reserves (23% of M2, or 2.29x public debt). I believe the Chilean Peso is up 12% in 2009 vs. the USD.
In an earlier comment, I suggested the Brazilian Real may be a sound currency given therecent S&P upgrade, the strong agricultural exports, the future oil production, relatively strong central bank, and growing middle class. But now I realize the Brazilian Real also has some liquidity/credit risks.