Monday, October 7, 2013

Jim Rogers goes for Gold, Sugar, Chinese RMB, and Russian ETFs

Jim Rogers, touted as a legendary commodities investor, is an investor and author based in Singapore. In his recent interview on FOX Business, Rogers outlined several investment opportunities:
  1. Gold, if it goes below US$1000 per ounce
  2. Sugar as a commodity, and Sugar companies
  3. Chinese RMB
  4. Russian Exchange-traded Funds (ETFs)

In another video, Rogers talks about the artificial stimulus package introduced in the United States, and believes that America will "default (on its debts) one way or the other". When that happens, he believes that the Dollar will lose its place as the World currency.

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