Friday, November 11, 2011

Jim Rogers: Short Stocks, Long Commodities

Jim Rogers is interviewed on CNN on the 11th of November 2011.

He first explains Europe and the US are both a disaster and then gives his investment strategy:
  1. Short European stocks, US technology stocks and emerging markets.
  2. Long precious metals (Gold and Silver) as well as agricultural commodities.
  3. Long currencies (but do not specify which ones).

When asked if Gold is in a bubble, he replies that very few people own it so it can't be in a bubble.

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