Posts Tagged ‘free posts’
Jim Rogers Forecasts End of the Euro
May 10, 2010
Posted by Christian @ 3:00 pm
Jim Rogers, chairman of Rogers Holdings, speaks with Bloomberg about Greece, the future of the euro, and his strategy for stocks and commodities.
“In the end, I don’t think the euro will survive,” says Rogers, expecting the currency not to last more than 10-15 years. “At the moment, we’ll probably have a rally.”
Rogers expects the stock market to continue correcting itself for a while. Currently, he’s not selling any commodities nor buying anything. Rogers advises on thinking about investing in silver rather than gold right now.
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Tags: China, Chinese yuan, commodities, euro, gold, Greece, Jim Rogers, precious metals, silver, stock market