Notes On Jim Rogers FT.com Interview
* The $USD is a terribly flawed currency
* There are so many pessimist, their is the possibility of a rally
* If the $USD is replaced as a reserve currency, most likely it will be the Euro
* The Chinese are going to be forced more and more to open up their currency
* Commodities are not in a bubble, yet
* We have a catastrophe coming in oil and is surprised oil is not higher
* Wouldn’t buy Gold right now,but would if it goes down
* Gold will double in the next several years
* You might make more money in Silver than Gold.
* The idea that you can solve a crisis of debt and consumption with more debt and consumption is absurd
* You can solve the problem by letting people go bankrupt, and restart from point zero.
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November 10th, 2009 at 7:47 am
I wonder what Jim’s thoughts are on americans who use retirments vechicles like 401k’s and IRA’s? Any body have an idea?