The Financial Times interviewed Jim Rogers on November 03, 2009. Below are the notes. Topics covered include the $USD, China, Chinese Renminbi, Commodities,etc..
Notes On Jim Rogers FT.com Interview
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.
