Saturday, May 14, 2011

Jim Rogers On US Dollar And On Alternative Energy

Rogers says long term the US dollar is finished and that the Chinese yuan is a safe currency.

He also thinks great fortunes will be made in agriculture and in alternative energies, such as wind and solar, over the coming years.

Bloomberg

5 comments:

  1. Great fortunes will be made in most other sectors as well. Though I seriously doubt that wind will be a big player in the green sector.

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  2. The biggest problem for wind power is that it can not be used for industrial applications because of its unstable condition.

    Mike

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  3. Not to mention the noise. When they are installed near homes, the complaints cause them to be shut down! Like having a helicopter in your back yard.

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  4. Oh yeah, and it takes something like 400,000 acres of windmills to produce the same energy as one nuclear power plant. That is a lot of real estate.

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  5. I am sorry. Who are you talking to?

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