Jim Rogers: Currency Outlook
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February 10th, 2009 by MarketFolly.com
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This story is a guest contribution by MarketFolly.com.
Jim Rogers recently gave his thoughts on various world currencies:
- Owns the Euro, Swiss Franc, Norwegian Krona, Danish Krona, Swedish Krona, Japanese Yen, Chinese Renminbi, Singapore Dollar, Australian Dollar.
- Expects the Japanese Yen to rise another 10-15%
- The current dollar rally is a forced short covering - not a flight to safety
And here is the video:
Big hat tip to CommodityBullMarket for flagging this, which we somehow missed. For some of Rogers’ recent commentary, check out his thoughts on British pound, on agriculture, on commodities, and more.
This story was contributed by MarketFolly.com.
MarketFolly.com is a blog providing hedge fund tracking, stock market commentary, and equity analysis. MarketFolly.com compiled a list of 35+ prominent hedge funds that have proven they can outperform over the long-term. We track these hedge fund manager portfolios to share our passion and provide a resource to others. Read more from the author/contributor here.
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