Showing posts with label dollar. Show all posts
Showing posts with label dollar. Show all posts

Monday, January 31, 2011

Jim Rogers On When To Sell The Euro And Dollar

"If everybody gets widely enthusiastic and thinks the euro's OK now or the dollar's OK now, then I would probably be forced to sell. Things are happening with the dollar that could make it more attractive. I mean they are talking about giving tax incentives for people to bring their dollar holdings back home that can make the dollar go a lot higher for a while. Things could happen, and we'll just have to wait and see how it works out."

Jim Rogers

Sunday, January 30, 2011

Jim Rogers: Commodities Go Higher No Matter Which Way The Dollar Goes

"It won't matter if the dollar goes up, if the dollar goes down, it doesn't matter. I mean they're denominated in dollars, but if the dollar goes down, say, something's got to go up against it, and one of the things that will go up will be commodities.

"Plus, there's shortages developing in commodities. I don't know if you've tried to buy any tin recently or any rubber recently or any cotton even. Shortages are developing everywhere no matter what currency the commodity is denominated in."

Jim Rogers


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Friday, January 21, 2011

Marc Faber On The US Dollar

"The dollar is somewhat oversold, and in the past 2-3 months, the sentiment about the US dollar was extremely negative. I would take a rather positive view of the US dollar, not because there is anything good about the US dollar but because the other currencies are no better.

My preferred currency remains gold and silver."

Marc Faber

Wednesday, January 12, 2011

Marc Faber On Fed's Policy To Debase The U.S. Dollar


“This [long-term U.S. Treasuries] is a suicidal investment. Over time, interest rates on U.S. Treasuries will go up. Investors will gradually understand that the Federal Reserve wants to have negative real interest rates. The worst investment is in U.S. long-term bonds.

I will never sell my gold.”

Marc Faber

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