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Thread: Jim Rogers: Global Currency War 'Certainly Happening'

  1. #1

    Jim Rogers: Global Currency War 'Certainly Happening'

    You can add star investor Jim Rogers to the list of those who see a currency war raging around the world.

    Many central banks outside of the Federal Reserve, including the Bank of Japan and European Central Bank, are engaged in major easing programs to boost their economies and depress their currencies.

    "Whether it’s an intentional war or an accidental war or side effect, I don’t know, but it’s certainly happening," Rogers told Wall St. Daily. "Just look around, you see that nearly every currency in the world is down a lot against the U.S. dollar, except the Chinese renminbi."

    The dollar hit a seven-year high against the yen and a two-year high against the euro last week.

    Read Latest Breaking News from Newsmax.com http://www.Newsmax.com/Finance/Jim-R...#ixzz3LyVubCMZ
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  3. #2
    Jim Rogers is a good guy. Many know he's a common sense investor who knows the central planners constantly interfere and rig the entire financial systems.

    Let's see how Victoria Nuland/Robert Kagan/Zbigniew Brzeziński Klan, et al... Ukrainian valuation-intervention working out? In one year, from 8 to 17-18 UAH to the $1... yep, the Ukrainian people are so much better off, eh?

    Deals at UAH 17-18/$1 will be considered by NBU as intention to destabilize market
    http://en.interfax.com.ua/news/economic/240115.html



    XE.com - USD/UAH Chart
    Last edited by HOLLYWOOD; 12-18-2014 at 03:40 PM.
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  4. #3
    Better pay attention to all of those countries who are establishing models of domestic and international finance clearing that will ultimately be independent of the dollar. Oh, yes. That's going to sting. Wait for it...

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