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Jim Rogers is Wrong… The Dollar’s Not Done
Recall, in late March I predicted here the dollar was overdue for a rally. Ninety-six percent of you cursed me. The other 4% pocketed an easy 20% or so (more if you played the options market).
But after such a swift run – mind you similar moves in currencies typically take years, not months – is the dollar rally finally coming unhinged?
Legendary investor Jim Rogers seems to think so…
As he told Bloomberg News in a TV interview, he plans to exit his dollar holdings because he thinks the dollar “will go down a lot” and it is “going to lose its status…
28Nov2008 | Investment U | 0 comments | Continued
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