Tuesday, January 11, 2011

Jim Rogers Long U.S. Dollar At The Moment

"I own the US dollar at the moment because there have been many many skeptics on the US dollar. I expect it to rally for a while. I do not know whether I would own it for a week or a month or a year. I just do not know. I do know that as long as there are many many skeptics, there is a good chance that it will rally, there are some things going on in the US which may cause the rally to go even further. I am not selling my dollars if it goes down, I might even buy more US dollars, but longer term the US dollars may be in terrible-terrible shape. It is a very flawed currency; I do not plan to own the US dollar 5-10 years from now."

Jim Rogers

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