Jimmy Rogers Bullish on US Dollars ?!
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not sure why Jim did not mention Chinese Yuan ?
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australian dollar is worth more than US dollars now. 1 to 1.06
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I appreciate and respect Jim's insights on his investment picks! He has been right most of time. This is a guy who has been to different regions/countries of the world...It's wise to listen to a man who gives good counsel on finances. It will benefit you.
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When jim rogers speak of owning gold and silver does he mean the paper or physical?
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Foreign Exchange. It's the currency exchange market.
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@bweazel - What is the forex? Thanks.
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q hyperinflation
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scratch inflation, replace with deflation ;)
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I never asked why someone would short gold if they foresee inflation, it would be a very good choice.
I said I don't have the money to even short the etf, you're the only one that has been talking about deflation, I don't think deflation is coming, I think a strong dollar is coming. I see chinese inflation cooking up, japan will see more inflation, india here in about 1-2 years probably. Speculation of course.
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I love Jim!!! You're bad for my nervous system Maria!!!! ROFL!!
linnx88 2 years ago 11
I'm sorry but your wrong on this point. They can do 1 of 2 things. First, they can de-value the price of gold by crushing the price or by other means. Two, they can confiscate the gold like they did decades before. Remember, under the guise of "National Security" anything goes! They can bumrush your crib grab your gold and haul you off to FEMA CAMP claiming that your a terrorist. I know it sounds ridiculas but remember we are living in strange and ridiculous times. Keep your head up.
Peace
pulsescan72 2 years ago 4