The New Natural Value For The British Pound (GBP)

Given the fact that the debt is so very, very high, the balance of trade is so bad, the City of London is now under so much pressure, Europe is now going to do everything it can to take the City`s business, so yes, a lower price under 1.0000 dollar will be the new normal for the British Pound (GBP). But that is not going to happen this year, that is 3 or 4 years down the road.

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 U.K. Is Facing Serious Problems

The U.K. has big debts, the U.K. has a serious balance of trade problem that is not being corrected. I can`t see anything that can make the Pound Sterling 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.

The Worst Bear Market In Your Lifetime

You are going to see in the next couple of years the worst bear market in your lifetime. It is going to be very, very bad. We have dire circunstances coming. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY), Nasdaq 100 Futures, iShares NASDAQ Biotechnology Index ETF (IBB), Energy Select Sector SPDR ETF (XLE))

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.

Forex: Who Will Benefit From The GBP Weakness

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.

"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.

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.