Some people will benefit from the British Pound (GBP) weakness, if Sterling goes to 1 dollar or under it, certainly helps some people. Tourism will boom, some people will do very, very well in an environment like that.
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.
Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Wednesday, October 19, 2016
Tuesday, October 18, 2016
"I Cannot See Anything That Can Make The British Pound Go Up"
The British Pound is in a serious bear market, a serious period of decline for several years to come and unfortunately that means that the British Pound will go down. The United Kingdom has a lot of debt, a serious balance of trade problem that shows no sign of being corrected. I cannot see anything that can make the British Pound go up.
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.
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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