Jim Rogers: U.S. Government Spending Is Like Tiger Woods Dating

Jim Rogers, chairman of Jim Rogers Holdings, shared on CNBC on a wide range of issues ranging from the FED chairman Ben Bernanke, Timothy Geithner, gold, silver, copper, commodities, agriculture, U.S. dollar, Yen, Swiss Franc ..etc. Jim Rogers for the first time says that he is temporary bullish on the U.S. dollar because there might be a rally soon. He confirmed that he is not buying nor selling any gold at this point but he might buy some more if the gold goes back again to US$1000/ounce. Jim Rogers does not see any bubble in the gold at this stage because he says most investors still never owned any gold…. He also mentioned that he prefers silver and palladium to gold because silver is still 70% below its all time high. Jim Rogers is as usual still very bullish on agricultural products and commodities.

Source: CNBC

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