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Fund Managers can become farmers: Jim Rogers
The Economic Times ^
| 4 Jun 2009
| ET Bureau
Posted on 06/05/2009 8:10:02 PM PDT by John123
Even if you are outright bearish, don't short the market. Stocks could touch crazy levels, but they may be in currencies which are worthless.
Indeed, a sovereign default and currency turmoil could rattle world markets in a year or two. In a chat with ET, global investor Jim Rogers says cotton, silver and sugar can be hot picks. Read on.
(Excerpt) Read more at economictimes.indiatimes.com ...
TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: becomeafarmer; currencycrisis; jimrogers; skyisfalling
This is a long read... but if you are a student of understanding what the future can be like... then you need to read the latest interview with Jim Rogers. (I suggest that you print it out for later reading).
Now here's the thing... Jim Rogers talks about potential currency crisis in UK or USA. I found it interesting that Jim isn't long or short in the US market...
Now I have a question from any Freeper that is from Iceland or is familiar with the government of Iceland defaulting... what was the effect on the local economies and the people?
1
posted on
06/05/2009 8:10:02 PM PDT
by
John123
To: John123
Free advice is worth what you pay for it. LOL
2
posted on
06/05/2009 8:12:27 PM PDT
by
org.whodat
("Way past time for new commodities regulation")
To: org.whodat
Free advice is worth what you pay for it. LOLI don't get your point. Do you want to explain that?
3
posted on
06/05/2009 8:14:22 PM PDT
by
John123
(Turn on your teleprompter Obama and read your lips... "No New Taxes!!")
To: John123
I am a Jim Rogers fan and he has this one nailed.
4
posted on
06/05/2009 8:16:14 PM PDT
by
sickoflibs
(Socialist Conservatives: "'Big government is free because tax cuts pay for it'")
To: sickoflibs
I am a Jim Rogers fan and he has this one nailed.Yeah... I also noticed that he is almost completely out of US dollars. However, I'm not too sure if US citizens can take all their money out of USA... But if Jim figured it out... well, bully for him. :)
5
posted on
06/05/2009 8:19:43 PM PDT
by
John123
(Turn on your teleprompter Obama and read your lips... "No New Taxes!!")
To: John123
I agree with your point and your reply.This is not something to joke about.I have never seen so many homeless people on the street.It’s downright scary.
6
posted on
06/05/2009 8:26:03 PM PDT
by
taxtruth
To: taxtruth
This is not something to joke about.I have never seen so many homeless people on the street.It’s downright scary.I agree, a currency crisis and government manipulations to fix it is never a laughing matter. Where? Iceland?
7
posted on
06/05/2009 8:31:37 PM PDT
by
John123
(Turn on your teleprompter Obama and read your lips... "No New Taxes!!")
To: John123
Free advice is worth what you pay for it. LOL I don't get your point. Do you want to explain that?
ROFLOL
8
posted on
06/05/2009 8:34:05 PM PDT
by
org.whodat
("Way past time for new commodities regulation")
To: org.whodat
9
posted on
06/05/2009 8:44:32 PM PDT
by
taxtruth
To: taxtruth
I made my point, if you don’t understand it that speaks volumes about you!!!
10
posted on
06/05/2009 8:46:04 PM PDT
by
org.whodat
("Way past time for new commodities regulation")
To: John123
Good he can become farmer first
11
posted on
06/05/2009 9:29:50 PM PDT
by
Flavius
To: John123
12
posted on
06/06/2009 12:04:44 AM PDT
by
blam
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