Saturday, June 23, 2012

Jim Rogers : The US Dollar is not a Safe Heaven

Jim Rogers : "I hope the Euro survives, The world needs something to compete with the US Dollar , the only thing I see on paper at least is the Chinese currency it could some day but right now it is a blocked currency so it is an academic conversation , I certainly hope The euro survives because if it could survive in a stronger base ..., you know right now we all relying on the US Dollar and the US Dollar is a very flawed currency , we have the largest debtor nation in the history of the world backing the US Dollar , that's not a very sound currency " 

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