Jim Rogers: "They are printing too much money..."

Legendary Investor is Afraid to Go Short

By Steve Christ
Wednesday, September 1st, 2010

jim rogers

Here's the latest word from legendary investor Jim Rogers. As usual Jim is as bearish as ever and long commodities.....

However, that is not to say Rogers is loading up on the short side.

In fact, Jim says:

"They're printing so much money that I would not be short. I have no shorts. In most of my life, I've always had a short of 2, or 3, or 16... because I'm afraid they're printing so much money that stocks will go to 20,000 or 30,000. Of course it will be in worthless money, but it could happen,"

Roll the tape....

Great stuff, Mr. Rogers.

But seriously, the Dow could go to 30K??

Related Articles:

Jim Rogers on Gold, the Dollar, and Inflation

Jim Rogers Warns the Dollar Faces a "currency crisis"

Jim Rogers: "This is not going to solve the problem"

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Comments:

Comment by andrew on 2010-09-01
this video is old. could really fool some people. we are in the year 2010 now.
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