Jim Rogers on Gold, Currencies, China and Tiny Bubbles
Kurt Brouwer submits:
Jim Rogers, the ubiquitous financial pundit, short seller, author and former hedge fund manager, covered lots of ground in an interview with CNBC. He described two tiny bubbles — I’m kidding on the tiny part — one in Chinese real estate and the other in U.S. Treasury bonds. He also touted commodities and gold, which he thinks is on the way to $2,000 an ounce. He slammed Greece and suggested bankruptcy was the right strategy and he implied the British should just go pound sand. Finally, he predicted the demise of the euro. Here are some excerpts [emphasis added]:
Jim Rogers Sizes Up Two Global Bubbles (CNBC, Mar. 17, 2010, Antonia Oprita)
Investing, Long Term Investment, stock market | admin March 23, 2010
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