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Jim Rogers says Dow could go to 1,000,000
But not the way you think:
While he’s negative on US assets — he says he’s gotten rid of all of his dollars, for the most part — he advises against shorting this market.
It’s a bear market rally. I was going to say I don’t think S&P 500 will see new highs. But I have to quickly temper that by saying against the dollar because the S&P 500 could triple from here if they print enough money and the value of the US dollar collapses, then S&P could go to 50,000, Dow Jones can go to 1,000,000. Which is one reason why I…
4Jun2009 | The Real Deal | 2 comments | Continued
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