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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (25522)	12/13/2009 6:40:55 PM
From: ayn rand	1 Recommendation Read Replies (2) \| Respond to of 71455

Gov't Spending Is Like Tiger's Dating: Jim Rogers Looking to his investment positions, Rogers said he is betting on the dollar more than he has been in two to three months, but that his short-term trades rarely work out. "I am sure I'm going to lose money because whenever I try to short-term trade I almost always nearly lose money, so I am sure I deserve to lose money for trying it again," he said. The reason he thinks there might be rally in the greenback is that everybody -- including himself -- is pessimistic on the currency, Rogers said. Rogers also predicted a currency crisis or semi-crisis. "You already see Vietnam devalued. Last week Brazil put on the special taxes for currencies," he said. "You're seeing what's happening in Dubai. Greece is in trouble. Ukraine, Argentina; there are plenty of people who we could put on the list. Spain. Ireland." ...................................... go to link below for rest of story and tiger comments: cnbc.com