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Jim Rogers sees silver and gold going much, much higher, and the dollar lower
Posted on 11 March 2011 with 2 comments from readers
Legendary commodities bull Jim Rogers is full of enthusiasm for physical gold and silver and futures but does not own precious metal stocks. The dollar should be rallying on all this bad news in the Middle East and North Africa, this could be the final blow for the dollar.
For the future Rogers is shorting the Nasdaq and emerging markets, and is looking to short US t-bonds in the near future.
(Click here for the Goldseek.com Radio Interview)
Posted on 11 March 2011
Categories: Bond Markets, Global Economics, Gold & Silver, Investment Gurus, Oil & Gas, US Stocks, Video Channel
2 Comments posted by readers:
Too much manipulation from the remaining stimulus package funds that are still laying around at their disposal. Had those funds not been at their disposal the market and dollar would have tanked long ago and Silver and Gold would have climbed at a much quicker rate.
Rogers is expecting a dollar & t-bond rally, that’s why he owns dollars right now & is waiting to short t-bonds. This article truncated some important info.