Sunday, September 30, 2007

Jim Rogers Tells It Like It Is

“The clowns in Washington,” our friend Jim Rogers agrees, “have signaled to the world they don’t care about the U.S. dollar.” In an interview with Bloomberg, Rogers predicted another 15-year run in commodity prices. Rogers’ Quantum fund returned 4,200% between 1971-1980, and Rogers “retired” after working for about 10 years. He expects the environment we’re in today to return similar gains in commodities as back then.

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