Notes On Jim Rogers CNBC March 26 ,2010
- Bankruptcy for Greece is best possible scenario
- Currently long the Euro as “it will have a rally”
- Greece still has a deficit (12% of GDP)
- Greeks have never lived within their means and it won’t change
- It’s not the contract that is wrong, its the execution (Euro Establishment)
- Authorities in Beijing are trying to slow things down
- Expects Renminbi to go higher
- Will buy more gold if it goes down, it has had a nice run up and price action is understandable
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Sat, Mar 27, 2010
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