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Lutnick: Jim Rogers is far too early with his "dollar crash" prediction
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Wednesday, June 10, 2009
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From Newsmax:

Jim Rogers is right when he says the dollar is in serious danger, but he’s early — four years early, says Cantor Fitzgerald CEO Howard Lutnick.

“When the U.S. economy starts to pump and grow, which isn’t going to happen until 2014 or 2015, then you’ve got serious inflationary bite,” Lutnick told CNBC.

Lutnick says a double-dip recession means Treasuries — and the dollar—will be in demand over the next two to three years.

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More on Jim Rogers:

Jim Rogers: Stocks will plummet

Jim Rogers: Dollar's rally is set to end in a currency crisis soon

Jim Rogers reveals a crude oil investment you've never, ever heard of

Topics: Jim_Rogers | US_dollar | Currencies
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