From ETF Trends:
As the markets and exchange traded funds (ETFs) rally from lows seen earlier this year, many experts have thoughts on what's next. Jim Rogers weighs in with some food for thought about commodities and currencies.
In an interview with the Economic Times, global investor Jim Rogers suggests that with the combination of rising stocks and widening fiscal deficits, a currency problem, if not even a crisis, is inevitable. Rogers states that even though stocks could hit record levels, they may be in currencies that are completely worthless. This, in addition to inflation, and interest rate hikes could potentially lead to another economic disaster.
To alleviate this predicament, he suggests focusing on...
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More of Jim Rogers' investment ideas:
Jim Rogers: Stocks will plummet
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Jim Rogers reveals a crude oil investment you've never, ever heard of
