But Rogers says he isn't selling yet. "If I was smart enough to tell you when it's going to happen, I would get rich," he tells CNBC.» Read More
The U.S. doesn't deserve a AA-plus credit rating, much less triple-A, commodity bull and noted investor Jim Rogers told CNBC on Monday.
"If the world economy gets better, I earn money on commodities. If the global economy gets worse then they will print more money and I will make money in commodities," Rogers said.
Jim Rogers, the noted commodity bull, is shorting the 30-year U.S. government bonds and may consider shorting the 5 and 10-year bonds as well, he told CNBC on Monday.
Commodity bull Jim Rogers says hedge fund managers such as Jim Chanos of Kynikos Associates and Hugh Hendry of Eclectica, who have been shorting Chinese related stocks and credits, have got it wrong.
"When the problems arise next time, what are (US officials) going to do?," the investor told CNBC. " They can’t quadruple the debt again. They cannot print that much more money. It’s gonna be worse the next time around."
Veteran investor Jim Rogers said on Wednesday he plans to short US bonds and sees more currency turmoil in the markets this fall.
With silver near multi-year highs, famous commodities bull Jim Rogers warned silver prices could become dangerous if they rose even further to “parabolic” levels, telling The Times of India he is keen to buy more, but would sell if the price rose too fast.
Japan's nuclear disaster is going to increase demand for natural gas and oil for a while and oil prices will rise but the world cannot do without nuclear energy yet, investor Jim Rogers told CNBC Wednesday.