From the category archives:
Last week, it wasn’t only Jim Rogers who was suggesting that the Chinese yuan (renminbi) will likely become a major reserve currency, if not eventually the world reserve currency.
Later in the week none other than Goldman Sachs projected that the yuan is set to become a major reserve currency.
There are good reasons for this: number [...]
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One of the latest Jim Rogers videos. Like Peter Schiff, he says “get out of the dollar now”. Rogers has been buying Chinese Yen for the last year. He owns about 15 different currencies, just not US.
“Do prepare yourselves, because there are going to be spectacular opportunities in the markets as these currencies unravel in [...]
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He just makes so much sense. Have you heard Jim Rogers speak? If you aren’t familiar with him, listen here.
What’s interesting is that in this video interview, he’s seen sitting in the same room that Marc Faber gave his interview to CNBC. It’s probably just a CNBC office in Singapore, but they announced it as [...]
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What an amazing and totally unsurprising story. Apparently, “IndyMac’s seizure marks the fifth FDIC-insured failure of the year,” as reported on KNBC. It’s yet another case of the US government trying to bail out a financial institution. I can see Jim Rogers seething in a mixture of disbelief and “I-told-you-so” right [...]
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Here’s one of Jim Rogers’ latest interviews with Bloomberg (June 5, 2008). I always smile at these. He seems so annoyed and frustrated at talking with journalists and reporters. It’s as though he feels that it’s all so common sense – of course you should know that bankruptcies are signs of bottoms [...]
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