El-Erian : Europe America and Japan are all debasing their currencies

Mohamed El-Erian PIMCO CEO/co-CIO. :at least one and probably three of the PIIGS are definitely going to restructure....we are in a world in which the G3 , US Europe and Japan are debasing their currencies and when the world sees that it goes into commodities , If you can align micro and maco uncertainty, you can unleash an incredible rally in the markets,




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.