Jim Rogers: Another Recession Due Circa 2012

[zgtrader]

From CNBC.

http://www.cnbc.com/id/38427247

 

[shortie]

so basically hold on to your longs until mid 2011 since the market is supposedly looking ahead 6-8 months

 

[tmarket]

Jim Rogers: "I am glad you remember, every once in a while I do get it right, hehe... I own the Euro, I am not selling the Euro, I have no clue how it is going to work out"

 

[LeeD]

Quote from tmarket:

Jim Rogers: "I am glad you remember, every once in a while I do get it right, hehe... I own the Euro, I am not selling the Euro, I have no clue how it is going to work out"

The timing of him buying Euro some weeks ago was exceptionally good.

 

[tmarket]

Quote from LeeD:

The timing of him buying Euro some weeks ago was exceptionally good.

Yes, for a person who has "no clue how it is going to work out", he is exceptional or at least has exceptional followers.

 

[fullblotter]

let's be honest, jim rogers is the contrarian jim cramer. nothing more.

 

[drcha]

Don't forget he is buying silver, too, and obviously getting nowhere with that. He is such an evasive blowhard.

 

[Retief]

What does Rogers get out of making these public pronouncements? Is it just an ego thing?

 

[sumfuka]

He is a hedge fund market maker, so he has to go on tv every now and then to get some suckers or investors on board.

 

[drcha]

When referring to Rogers, you should spell Ego with a capital E. Possibly a capital G and O also.

Have you ever noticed how he answers nearly every interview question by beginning with "Well, I don't know...." then proceeds to jaw on about whatever it is anyway.