Forex Howto

13 Nov, 2008

Jim Rogers: Sell Dollars, Buy Silver

Posted by: Milton In: Directional| Macro

I’m a big fan of Jim Rogers, it seems all general world ideas I have are rather similar with his outlook on the world. There is one major difference (OK maybe more than one when you consider the differences in net worth etc. ;) ), he knows about a LOT more asset classes than I do, so he actually knows how to make the correct plays.

This article has some good thoughts about where the dollar is going.

“The fact that the dollar is gaining rapidly is only temporary,”  Rogers recently told a group of private bank clients.

“Within a year you’ll have to get rid of the dollar,” he said.

Rogers has spent a career being one step ahead of mainstream investment thinking.  Amongst his many accomplishments, Rogers was co-founder with George Soros of Quantum Fund. During his ten years with the fund, the portfolio gained more than 4,000%, while the S&P rose less than 50%.

No Responses to "Jim Rogers: Sell Dollars, Buy Silver"

Comment Form

About FOREX Howto

Forex Howto is a site that I setup some years ago, I neglected it for a couple of years and now it's back online.

It will have my progress as I explore the world of Forex trading and my experiences in trying to profit from it.

If you need to contact me, just leave a message on any of my posts and I'll be sure to read it.

About me: I'm a 31 year old aussie living in Sydney, Australia.

I work as a programmer and hope to someday use my programming skills and growing knowledge of FOREX to work fulltime, ideally in an automated trading setup.

A couple of pages which might be of interest to new traders: