Jim Rogers: "I would urge you to sell any sterling you might have."

Discussion in 'Wall St. News' started by ByLoSellHi, Jan 22, 2009.

  1. m22au

    m22au

    you answered your own question

     
    #11     Jan 22, 2009
  2. fhl

    fhl

    gold's not really taking the hint yet, is it?
     
    #12     Jan 22, 2009
  3. just21

    just21

  4. with all respect to the guru ...

    I suggest that anyone who is making money these days

    buy this device ... it has made me many :QUID: from trading

    www.youtube.com/watch?v=v6BPuKaLel4

    :cool:
     
    #14     Jan 22, 2009

  5. If the pound falls to 1.05 against the USD, that's going to shake things up in many profound ways.

    It was a very short time ago when the pound was 2.09.
     
    #15     Jan 22, 2009
  6. Buy 1 pound get one pound free sale?

    loololloloolloolloollolololoollo
     
    #16     Jan 22, 2009
  7. Rogers was right on FNM and FRE and he was right on C at $5. I don't know anyone make money fading his calls.
     
    #17     Jan 22, 2009
  8. guess no one shorted china or commodes then.

    Rogers Sat Here
    [​IMG]
     
    #18     Jan 22, 2009
  9. Nagelis

    Nagelis

    exactly, it's disappointing.

    you get long but it doesn't go anywhere and you end up with an opportunity cost.

    leveraged players buy each time and get stopped, time and time again. eventually it will break higher and they will only recoup the earlier losses.


    Also, let's not forget Rogers recommended to sell the $. But it has not stopped going up since then. Eur/usd was 1.60 remember, now it looks like we may have a go sub 1.2000...
     
    #19     Jan 22, 2009
  10. Rogers is wrong often enough, and he always has that annoying bow tie thing going on where he thinks he is teaching a class of pimply college kids.
     
    #20     Jan 22, 2009