Jim Rogers Is Now Shorting A Major Western Financial Firm That Everyone Thinks Is Sou

Cramer is right about half the time as well. He is also, just talking.

Rogers also claimed to have been short US Treasuries, very short, right before they went on a tear. He later claimed that he never took a position.

I do not disagree even with his view that US Treasuries are essentially junk paper, but it's another thing to take a position that can very well move against and stay against you.

And he was not one of the first to say that the banks were insolvent. He was one of the first to start talking about it in Mass Media.

 

What does Rogers gain by passing these gems of wisdom to the general public?

Loved his books, but it is just more disinformation, IMO.

 

Because he looks like Little Jimmy Dicken:

 

Rogers is a legend! The Indiana Jones of Wall Street!

 

I think he thinks its pretty cool be to a big contrarian.
Plus, I am sure it helps his businesses and his positions.
Not to mention book sales.

 

All financial institutions can be described that way. :eek:

 

JPM. Take a closer look at their swap exposure.

 

Jim rogers just covered at the bttm again

 

He is the man. I know there are doubts, but he comes out and says it, and the market proves him Right.

 

Ditto. And last year, he admitted he shorted bonds too early and took the loss.