On CNBC, Jim Rogers talks about the latest economic data, the next round of quantitative easing, and his investment outlook which, for the most part, hasn’t changed much over the years. Surprisingly, he’s long the U.S. dollar at the moment, but only as a short-term trade.
There’s more here with additional video here (on regulation) and here (on silver). His basic argument about owning commodities is pretty simple and unchanged for years now – “If the world economy gets better, I earn money on commodities. If the global economy gets worse then they will print more money and I will make money in commodities”.
This post was republished with permission from Tim Iacono.