My Comments: Completely agree with him on the suckers rally. He seems to think we see new market lows. I'm not so sure of this. I agree that the problems haven't been fixed, but with what is going on in the recent downturn of the dollar and bonds, investors might not hide there. If we see the inflation that he is predicting some of money will go to stock markets and could use a the large correction that he mentions as a buying point.
Wednesday, May 20, 2009
Jim Rogers on CNBC Asia
My Comments: Completely agree with him on the suckers rally. He seems to think we see new market lows. I'm not so sure of this. I agree that the problems haven't been fixed, but with what is going on in the recent downturn of the dollar and bonds, investors might not hide there. If we see the inflation that he is predicting some of money will go to stock markets and could use a the large correction that he mentions as a buying point.
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