In a recent interview with RT.com, Jim Rogers expressed the view that the US dollar will sooner or later lose its position as the world’s reserve currency:
“In the next few years the American dollar is going to lose its position as the world’s reserve currency and the world’s medium of exchange.”
Read the full interview here: https://www.rt.com/business/438162-us-dollar-crash-jim-rogers/
Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Monday, September 17, 2018
Friday, September 14, 2018
My First Big Mistake In The Markets
My first big mistake I made in the markets came from a triumph. I decided the stock market was going to collapse and so I bought puts with all my money. I tripled my money in five months and I thought this was easy, I thought "yeah, I'm really gonna be rich someday."
So, I sold my puts on the day the market hit bottom, then the market rallied as I thought it would, I sold short and two months later I was
wiped out. But the worst part is that every one of the companies I sold short went bankrupt within two years. but I lost everything first because I didn't know the market did strange things.
Other interesting articles to read:
Ford (F), General Motors (GM) Trading At 52-Week Lows Other interesting articles to read:
Crude Oil: $80/Barrel By The End Of The Year
Thursday, September 13, 2018
Governments Will Abolish Cash Transactions
In a recent interview with the Russian Times (RT.com) Jim Rogers about the dangers of governments abolishing cash and how many countries such as India and France have already started doing so:
Read the complete article here: Death of cash and total government control of spending
Read the complete article here: Death of cash and total government control of spending
Wednesday, September 12, 2018
US Dollar: Global Reserve Currency Status Is Coming To An End
Jim Rogers discussed foreign exchanges markets and the future of the US dollar with the Russian Times (RT.com). You can read the complete article here:
US dollar just few short years away from losing global dominance, investor Jim Rogers tells RT
Global Investing
Jim Rogers talks about global investing with Mark Skousen at the San Francisco Money Show.
Thursday, September 6, 2018
America's actions Are Bringing China, Russia, Iran and Turkey Closer
America's actions have had the effect of bringing China, Russia, Iran and Turkey closer and closer. Obviously this is not good for the United States:
Wednesday, September 5, 2018
Emerging Markets: “You Should Think About Zimbabwe”
Jim Rogers spoke to ValueWalk.com recently and he shared his thoughts on several markets including gold, US stocks and emerging markets. He cited that he is buying Zimbabwe because after the country has been ruined for 40 years there may be posirtive changes ahead. Read the most interesting excerpts from this interview here:
Jim Rogers: "Before This Is Over, Gold Might Turn Into A Bubble"
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