Friday, January 22, 2016

Markets: Long China, Long U.S. Dollars & Short U.S. Stocks

At the moment I am short the United States and long China, as far as the stock market is concerned. I do own a lot of U.S. Dollars, many more U.S. Dollars than any other currency. I prefer to be long China and short the U.S. than the other way around. That does not mean that there will not be problems in China. China trades with everybody in the world and if everybody in the world has problems and they are starting to have problems, such as Japan, Korea, some of the other countries, China will too.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

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