Jim Rogers Expects A Currency Crisis
I’m a fan of Jim Rogers. He wrote a book ten years predicting a run in commodities. He also wrote one of my favorite books, Adventure Capitalist, a fascinating story of his journey around the world where he talks about the macro-economy of each place he visits.
Here’s a recent video on Bloomberg. He thinks US stocks suck and the US Bond market is the last bubble left and mentions TBT. Here’s my post on my short bond trade. There may even be a currency crisis in the US and other countries. I still think its a good time to buy gold!
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- China Buying Gold On The Sly! I just read this interesting article in the Financial Times. Seems like China has tired of US dollars and is looking to get rid of them. Beijing Bets on Bullion  By Patti Waldmeir in Shanghai , Financial Times, 6 May 2009 China is expected to keep buying gold to diversify......
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The Deflation Scam The media has been going on and on about deflation. Long-term bond prices have also been trending up and long term yields have been dropping, which means that the market thinks there will be long-term deflation. Even the Consumer Price Index numbers that came out claim that inflation is under...... - Is The US's Economic Strength On A Permanent Decline? Jim Rogers thinks the US has lost its title as the world's economic engine. He thinks the subprime mess will last for years, Bernanke doesn't know anything about the economy and should resign, the US dollar is on a permanent decline and China will become the world's foremost economic power.......
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May 30th, 2009 at 12:36 pm
Do you know the date that these interviews were done?