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Jim Rogers - Long-Term Investors Don't Have to Pay Attention to the Fed

July 17, 2013 | About:
Canadian Value

Canadian Value

134 followers
Jim Rogers says he doesn't pay any attention to what Bernanke and the Fed are saying.

In the interview below Rogers lays out a beauty of a quote saying that he isn't surprised that Bernanke is doing the wrong thing (printing money) because he "isn't a smart guy, which is why he works for the government!"

He thinks a short-term trader has to listen to the Fed, but a long-term investor like himself really doesn't.

Rogers thinks that India is the main cause for the recent decrease in gold as the Indian politicians are making it difficult for people to buy gold in an effort to reduce the country's balance of trade deficit.

About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 3.0/5 (4 votes)

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bitcrazy2013
Bitcrazy2013 - 1 year ago
:-)

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