Thursday, May 24, 2012

 

 
 
 
 
 
Jim Rogers: QE3 has already started
Advertisement
Thursday, December 01, 2011
Text Size: increase text size decrease text size

From EconMatters:

Jim Rogers, chairman of Rogers Holdings, talks about his investment strategy. from Singapore with Susan Li on Bloomberg Television's "First Up." Rogers also comments on Europe's sovereign debt crisis, the Federal Reserve monetary policy, and the U.S. economy.

Rogers says he does not pay too much attention to the ratings agencies' upgrades and downgrades, as their track record has left him with very little confidence. Markets may rally on certain short-term fixes or good news, but until some resolution comes to the mountainous sovereign debt, no rally will last.

He also commented that QE3 is already underway if you look at the huge jump up of M2 money supply since August (see chart below). In Rogers' words...

Read full article (with video)...

More from Jim Rogers:

Jim Rogers: The euro crisis is not over yet

Jim Rogers: This crisis will be much worse than 2008

Jim Rogers: One country's stocks are a huge bargain right now

Topics: Jim_Rogers | Inflation | Government_Outrage
RSS Feed

 
©2012 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.