Via: Bloomberg, and another Bloomberg
Equities aren’t a “great place to be” for the next two to three years because prospects haven’t changed even after a nine-week rally, investor Jim Rogers said.
“The market in the U.S. went up very powerfully for nine weeks in a row so of course it’s time for a correction,” Rogers, 66, said in an interview with Bloomberg Television in Singapore. “Fundamentals haven’t changed if you ask me. I don’t see the stock market as a great place to be in the next two to three years.”
“We’re going to have a currency crisis, probably this fall or the fall of 2010,” Rogers said. “It’s been building up for a long time. We’ve had a huge rally in the dollar, an artificial rally in the dollar, so it’s time for a currency crisis.”
“The market in the U.S. went up very powerfully for nine weeks in a row so of course it’s time for a correction,” Rogers said. “Fundamentals haven’t changed if you ask me. I don’t see the stock market as a great place to be in the next two to three years.”
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13. May 2009 at 1:28 am
The first two videos are exactly the same!
23. May 2009 at 4:35 pm
RON PAUL FOR PRESIDENT 2012 AND
JIM ROGERS FOR TREASURY SECRETARY
23. May 2009 at 8:32 pm
Don’t these journalists and anchorpeople ever listen the Jim’s answers ? It seems like he keeps repeating himself. FIAT MONEY is no good. It is BOGUS . It has exponential inflation hidden into it.
17. November 2009 at 3:12 pm
This is useful! How did you learn about this when you were first getting into it?