Pound Could Collapse Within Weeks, Predicts Billionaire Financier Jim Rogers

I've been watching the price drop on the GBP/USD all day yesterday, they are right that it's dropping. However I think this might be scaremongering, the problem with all these 'financiers' ( NOTE THE WORD FINANCIER ) they all have even more of an agenda than economists because certain situations would be far more profitable than others for them.

I wouldn't trust this information until a few more people started coming out of the woodworks to warn about this.
 
I wouldn't trust anyone who calls Jim Rogers a billionaire. Where's the facts? Also hardly anyone makes predictions for a few weeks later, unless they do want to scare you.
 
Exactly my point Renegan, he isn't even trying to backup his comments with any facts or data that he's been looking at. Most people who argue that a collapse is coming do just that though they have the sense to say that they can't predict when it's going to happen.

This guy is just full of himself in my opinion.
 
Stanzione sounds like a snake-oil salesman and scammer.

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Sad to see Rogers associates himself with a guy like that:
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Stanzione has been selling get-rich-quick courses for years. Shoulda been a used car salesman. His $500 course was mainly about the 50 moving average crossing the 200 moving average. Kids stuff !!

Rogers and Faber are well over the hill. They have had their big days and can't let go.

The fact that Gorbles Brown is in charge though worries me. That idiot got us into this mess and now has the bare-assed cheek to claim he is the only one who can get us out of it. If the gullible UK public puts that tosser back in power in May's election then the above is certainly a cause for concern unfortunately imho.

Why Bush &co and JP Morgan wanted Tony Blair's negligeable banking expertise, beggars belief. He is a Marxist mole from the 1960s. They shouldn't waste their ( or CIA slush fund ) money on him.

:(
 
Quote from WallStWhizKid:



All of these guys say one thing and invest another.

Soros was saying gold was a bubble yet doubled his position in the latest filings.
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How is that contradictory? He expects it to become a bubble i.e. go up massively in price - hence he is accumulating a bigger position.

As for the other poster who thinks they are trying to get retail traders to sell so they can cover their short positions - what are you smoking? Do you really think in the $1 trillion dollar a day FX market that a few ET and seminar pikers shorting their 1-lots is going to collapse a currency? Lol
 
Quote from DrPepper:

Rogers is probably correct. However, wasn't he secretly buying US dollars at the end of last year while he was openly bearish on the US economy?
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why don't you check the record by googling jim rogers , dollar and rally.

why can't you be bearish on the US economy and still have a dollar rally?

note rogers said it could not will collapse.
furthermore he has said many times that he is not a trader.
 
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