Monday, May 17, 2010

Jim Rogers' Latest Outlook on the Euro and European Bailouts

Jim Rogers was interviewed on GoldSeek Radio over the weekend.  You can catch the full interview here - it starts around the 1 hour 20 minute mark.

Jim is not thrilled with the European bailout - as you'd expect.  He's not as bearish on the Euro in the near term as other pundits are, as he believes that sentiment against the Euro is at an extreme right now.

And Rogers still loves commodities, since the European bailout implies that fiat currency will continue to be debased.  He says "if he were looking at precious metals, he'd look at silver."

In case you missed Jim Rogers' recent interview on CNBC's Squawk Box, you can check that out here.

And Rogers fans may also enjoy this Marc Faber interview about why he believes China is set to crash.

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