Jim Rogers talks markets, world investing & commodities
Monday, November 16, 2015
The U.S. Dollar Is Going To Go Higher As Turmoil Increases Worldwide
The U.S. Dollar is going to go higher as turmoil increases worldwide and as the U.S. dollar goes higher, gold (SPDR Gold Trust ETF (GLD)) and silver (iShares Silver Trust ETF (SLV)), will probably continue under pressure. At some point the dollar will get overvalued, it may turn into a bubble and I will have to sell my dollars. Then I will put my money into silver and gold and maybe the Renminbi, the Chinese currency which by then should be convertible.