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Jim Rogers shorts the Nasdaq and emerging markets, buys the dollar

Posted on 02 March 2011 with 1 comment from readers

Legendary investor and adventure capitalist Jim Rogers is speaking at a conference in Abu Dhabi today at the Yas Island Hotel organized by the National Bank of Abu Dhabi.

In this Bloomberg interview last week he revealed that apart from being long commodities his current positions include shorts in the Nasdaq and emerging markets. He also holds the dollar despite many statements on why the dollar will one day be worthless.

ArabianMoney will report back from Abu Dhabi on what more he has to say. With commodities rallying and gold at a new all-time high of $1,433, and global stock markets tumbling, Mr Rogers should be feeling in good form.

Posted on 02 March 2011 Categories: Banking & Finance, Global Economics, Investment Gurus, US Dollar, US Stocks, Video Channel

1 Comment posted by readers:

Comment by Andy - 03 March 2011

I think the shorts on Wall Street were just taken to the cleaners today.

Ed Note: Oil stayed above $100 and the economic data was not materially better, madness!

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