Why Jim Rogers is Buying Dollars?

[sandwind]

Jim bulish on dolar for a while

[dummass]

Re: Why Jim Rogers is Buying Dollars?

Jim bulish on dolar for a while

He puts Japan on his list of "creditor" counties in Asia? Am I missing something? I thought Japan's debt to GDP was among the highest in the world (over 250% if memory serves). :confused:

Thanks for the post Sandwind.

[jiimbergin]

Re: Why Jim Rogers is Buying Dollars?

He puts Japan on his list of "creditor" counties in Asia? Am I missing something? I thought Japan's debt to GDP was among the highest in the world (over 250% if memory serves). :confused:

Thanks for the post Sandwind.

But they owe it to themselves not to foreigners They own a lot of our treasuries.

[dummass]

Re: Why Jim Rogers is Buying Dollars?

But they owe it to themselves not to foreigners They own a lot of our treasuries.

Yes, you are correct, Japan has stolen the wealth and savings of its own citizens and squandered it buying U.S Treasuries; meanwhile, the U.S. has stolen the wealth and savings of foreigners. Since we all know that the debts will never be paid back, whom would you rather be? A citizen of Japan or the U.S.?

[cjppjc]

Re: Why Jim Rogers is Buying Dollars?

Intersting that Jim Rogers says there is no flight to dollars, just people covering their dollar shorts. I'm not so sure about that.

[LargoWinch]

Re: Why Jim Rogers is Buying Dollars?

Remainder of the interview with Rogers:

[metalman]

Re: Why Jim Rogers is Buying Dollars?

Intersting that Jim Rogers says there is no flight to dollars, just people covering their dollar shorts. I'm not so sure about that.

Jim Rogers: 'Getting out of US dollars' (12.15.08)


Jim Rogers The Dollar is Toilet Paper


Inflationary Holocaust - Jim Rogers - Dollar Collapse - America Bailing Out Wallstreet (Incompetents And Crooks) At The Cost of The People



Jim Rogers - "I expect to see civil unrest in the US" feb 2009


now jim rogers is getting into dollars to play a rally



anyone here care to join him?

[cjppjc]

Re: Why Jim Rogers is Buying Dollars?

I think Jim Rogers likes the sound of his own voice.

[metalman]

Re: Why Jim Rogers is Buying Dollars?

I think Jim Rogers likes the sound of his own voice.

rogers draws viewers... tv producers like that. they don't care if he says 'dollar to zero' one day and 'buy dollars' the next. it's how he says it that matters!

like this guy...

[sandwind]

Re: Why Jim Rogers is Buying Dollars?

yep he doesn't think dollar is good investition. He was telling this for longer time but now he is bulish for some time but he doesn't change his mind that dolar is toilet paper

[rabot10]

Re: Why Jim Rogers is Buying Dollars?

Jim Rogers: 'Getting out of US dollars' (12.15.08)

Jim Rogers The Dollar is Toilet Paper

Inflationary Holocaust - Jim Rogers - Dollar Collapse - America Bailing Out Wallstreet (Incompetents And Crooks) At The Cost of The People

Jim Rogers - "I expect to see civil unrest in the US" feb 2009

now jim rogers is getting into dollars to play a rally

anyone here care to join him?

I Hope he sticks his bow tie up his freaken a...ss jmho

[LargoWinch]

Re: Why Jim Rogers is Buying Dollars?

like this guy...

I am sorry metalman, but are you comparing Jim Rogers with Jim Cramer?

[sandwind]

Re: Why Jim Rogers is Buying Dollars?

Schiffer bullish on a dolar for a while.

"I recently become bullish on the dollar at least short term bullish"

[phirang]

Re: Why Jim Rogers is Buying Dollars?

Jim Rogers is a total fraud.

I loved his call to short the GBP/USD at under 1.40... that worked out well.

THe best, though, were his HY currencies trades pre-crash during summer 2008.

The MAN IS A MORON OR A FRAUD.

[karim0028]

Re: Why Jim Rogers is Buying Dollars?

Jim Rogers is a total fraud.

I loved his call to short the GBP/USD at under 1.40... that worked out well.

THe best, though, were his HY currencies trades pre-crash during summer 2008.

The MAN IS A MORON OR A FRAUD.

Phirang,

Not that i care to defend anyone; but his money talks... If he were a moron or a fraud, he wouldn't have a shitload of money... You can BS and get lucky once or twice but with Billions of dollars and the fortune he's made, highly unlikely....


He is calling his trades, and some will work out, others wont... I'm sure he knows how to manage his risk in a trade... If you look at the chart of the dollar you can see that it broke its short term downward trend line to the upside.... Almost always when that happens there is a rally.... You dont know his entry or exit points, so you cant take what he says on TV and and assume that he entered that exact second, he most likely entered on a different risk/reward ratio than what appears when he is on the boob tube...

Very similar to anyone reading EJ's articles and assuming that Gold will always go up and getting pissed if they bought gold at 1200 and it went down 100 bucks... Even though the articles were written back when gold was dirt cheap and the risk/reward picture was very different... Long term the call is valid, but in the short term anything can happen...