March 28, 2013

Jim Rogers: There Is No Such Thing As A Sound Currency

According to Jim Rogers: "There`s not a sound currency anymore, there are sounder currencies, the Canadian Dollar, the Australian Dollar, there are some currencies the Singapore Dollar, the Rembinbi, there are some currencies that are less unsound but there is no such thing as a sound currency." - Source Yahoo Finance

Jim Rogers is an great investor, author and respected financial commentator. He is a regular guest on different TV programs like these of Barron's, FT, Wall Street Journal, New York Times, Fortune and CNBC. Rogers is the president of Rogers Holdings and Beeland Interests.

James Beeland Rogers is an American investor and author. He is currently based in Singapore. Rogers is the Chairman of Rogers Holdings and Beeland Interests, Inc. He was the co-founder of the Quantum Fund with George Soros. During the next 10 years, the portfolio gained 4200%, while the S&P 500 rose less than 50%. Rogers then decided to retire – at age 37. He is the creator of the Rogers International Commodities Index (RICI).

In 1990-1992, Jim Rogers fulfilled his lifelong dream: motorcycling 100,000 miles across six continents, a feat that landed him in the Guinness Book of World Records. As a private investor, he constantly analyzed the countries through which he traveled for investment ideas.

Jim Rogers is well known in the investment arena as a prophet with hundreds accurate views on economic and investment events.