Well for the first one, the USD, he did expect a bounce this year, and he said it ahead of time - I saw it on a clip. He just wasn't very vocal about it. So now during this rally he said he would sell his remaining USD holdings. The second part, can't help him out there.
She seems like a nice, pretty, intelligent lady, yes. I know the subject is Jim Rogers' prognostications but I just had to say something about Betty Liu.
Rogers is saying I don't know or care if there is a great depression and neither do our leaders so let everything collapse as long as I can make money shorting then when everything recovers I'll go long. Paulson & Bernanke are screwing with my trading so stop it.
you should consider keeping an open mind to Jim Roger's investment ideas, u might learn a thing or two about fighting versus following trends, risk mgmt., etc btw, what is a GENIOUS anyway??
to those 29 year olds who may have had a hand in peddling bogus CDS, your going downtown to chinatown (no offense)
Isn't it funny on how Jimmy keeps talking about the 'horrendous bear market' in US stocks (what is it now, -45%?), but how he keeps referring to commodities simply being in a 'correction', although his own commodity index (ticker RJI) is also down 45%
That's exactly the impression I get when listening to him. It seems good ole' Rogers is in complete denial of the bear market in commodities. Can commodities turn around and start a new bull market? Absolutely, just like the stock markets can. But in Rogers' mind commodities never went into a bear market in the first place. Amazing how personal bias can cloud people's brains.