The British Pound is in a serious bear market, a serious period of decline for several years to come and unfortunately that means that the British Pound will go down. The United Kingdom has a lot of debt, a serious balance of trade problem that shows no sign of being corrected. I cannot see anything that can make the British Pound go up.
Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.