Friday, December 23, 2011

Jim Rogers NDTV Video Interview - Dec 22, 2011

Legendary investor Jim Rogers told the Indian TV NDTV that he will continue to short stocks around the world because he is not optimistic about world's economy and that US government will continue to print money and fuel asset inflation due to elections in 2012 that 2013 will be a terrible year and that US economy is a bubble that will burst " I am not very optimistic about what's happening in the world economy going forward , so I am mainly short stocks around the world , I am short American technology stocks I am short European stocks and I am short emerging markets stocks " he said " I do own commodities especially agriculture and precious metals and I own currencies , I am not optimistic going forward " he explains “The only thing US government is bothered about is the election now,” “There is a need for new capital, labour and maangement to boost food output otherwise we would starve,” he added.

No comments:

Post a Comment