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PostHeaderIcon 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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Jim Rogers Forecasts End of the Euro