This is not a bubble yet. It is expensive, it has gone up a lot. It has gone up dramatically but it is not a bubble yet. I don`t know 120, 125, you will have to tell me what is going on in the world. If there is war, who knows how high it could go?
You can tell it is a bubble when you see people on Bloomberg TV begging to buy the dollars and saying that there is no other currency or place to put your money, except U.S. Dollars.
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.
Tuesday, March 31, 2015
The U.S. Dollar Can Turn Into A Bubble
The U.S. Dollar can actually turn into a bubble when we get real turmoil. You know, if we have stock market collapses in the next couple of years, many people will flee to the U.S. dollar and it will be a bubble.
At that point I will have to sell my U.S. dollars and I have no idea what I will do with my money.
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.
At that point I will have to sell my U.S. dollars and I have no idea what I will do with my money.
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.
Monday, March 30, 2015
Oil Prices: What Is Happening Right Now
It is a political game right now. America and Saudi Arabia are trying to put Iran and Russia in their place. So Saudi Arabia is dumping crude oil in order to help with the political negotiations.
The last time we had a crude oil collapse, it went down to the low thirties. I do not think it is going there again, but it could if America and Saudi Arabia try to put more pressure on Iran.
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 last time we had a crude oil collapse, it went down to the low thirties. I do not think it is going there again, but it could if America and Saudi Arabia try to put more pressure on Iran.
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.
Friday, March 27, 2015
Forex Markets: Top 3 Currencies
My Top 3 currencies are the U.S. Dollar, the Chinese Renminbi and the Hong Kong Dollar.
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.
Tuesday, March 24, 2015
Video Interview: Gold, Currencies & China
Topics: SPDR Gold Trust ETF (GLD), iShares MSCI Emerging Markets Index ETF (EEM)
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.
Monday, March 23, 2015
U.S. Dollar: It May Turn Into A Bubble Down The Road
The U.S. Dollar can even turn into a bubble down the road, especially if interest rates are going higher and higher. A lot of capital will be attracted to the United States. If it does turn into a bubble, I hope I am smart enough to sell my U.S. dollars. Where will I put my money then? I have no idea.
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.
Friday, March 20, 2015
The U.S. Dollar Is My Largest Position In Currencies
If the U.S. raises rates or the market forces the U.S. to raise rates, it is going to attract more money to the United States, rightly or wrongly.
The reason I own U.S. dollars, it is actually my largest position in currencies, and that is because there will be more turmoil coming in the world, we just talked about Greece but there is more turmoil coming down the road and in times of turmoil many people flee to what they see as a safe haven.
Rightly or wrongly, many people see the U.S. Dollar as a safe haven. It is not a safe haven it is a terribly flawed and troubled currency but since people think it is, that is where they will go.
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 reason I own U.S. dollars, it is actually my largest position in currencies, and that is because there will be more turmoil coming in the world, we just talked about Greece but there is more turmoil coming down the road and in times of turmoil many people flee to what they see as a safe haven.
Rightly or wrongly, many people see the U.S. Dollar as a safe haven. It is not a safe haven it is a terribly flawed and troubled currency but since people think it is, that is where they will go.
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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