Wednesday, October 24, 2007

Mr. Rogers

If this doesn't give you pause, nothing will. The Telegraph (10.25.07):
"'The US economy is undoubtedly in recession,' [according to Jim Rogers, "who ranks among the world's best-known investment figures"].

'Many parts of industry are actually in a state worse than recession. If it were not for [Federal Reserve Governor Ben] Bernanke putting huge amounts of money into the market, the stock market would probably be down much more than it is.'"

Jim Rogers quits dollar after declaring US recession

Oh and Jim's selling the hell out of dollars, by the way.



Post a Comment