The British Pound (GBP) Will Go Down A Great Deal

I suspect that the British Pound (GBP) is going to go down a lot over the next 3 or 4 years maybe even sooner. There are serious problems facing the United Kingdom as much as I love the United Kingdom. The UK is a very, very large debtor nation, the balance of trade is in serious trouble. If Scotland leaves they are going to take their oil with them. The British Pound (GBP) will go down a great deal. 

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.

The British Pound (GBP) Will Likely Go Below $1

The British Pound will continue to depreciate for next couple of years and it will probably go below 1 dollar. The City of London is currently under pressure as Europe is taking business away from the City. 

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.

I Cannot See The British Pound (GBP) Going Up

The United Kingdom has a big debts, the United Kingdom has a serious balance of trade problem that is not yet being corrected. I cannot see anything that can make the British Pound (GBP) go up in price now.

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.

Deutsche Bank: Huge Balance Sheet And Off Balance Sheet Debts

Deustche Bank`s balance sheet has huge balance sheet and off balance sheet debts. The bank will probably survive if it has outside support. Otherwise we are going to have big problems.

Stocks: Deutsche Bank AG (USA) (NYSE:DB)

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.

If Deutsche Bank (DB) Goes, The Global Financial System Will Too

If Deutsche Bank (DB) goes bankrupt, it will bring down the entire global financial system. The other scenario is if they come up to some kind of settlement at a lower dollar number.

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.

Global Economy: America Is In Decline

America has peaked, certainly on a relative basis if not on an absolute basis. We are in decline, we are the largest debtor nation in the history of the world.

We have troops in 120 countries and that is not making us any good. We are making enemies around the world. Unfortunately America has seen its best days.

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.

Investing: Reading From Various News Sources

I try to read news from more than one source. If you read only one newspaper you will quickly learn that they have their own biases. But if you read from four or five, if you get your news from four or five different sources, you will find there are many different points of view. You put them together and maybe you will come up with the right answer.

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.