Showing posts with label U.S. Dollar. Show all posts
Showing posts with label U.S. Dollar. Show all posts

Wednesday, November 27, 2019

Currencies: Singapore Dollar (SGD) Will Go Down Against The U.S. Dollar (USD)

The Singapore dollar (SGD), like all currencies, is going to go down against the US dollar (USD), because the US dollar (USD) is going to go much higher. 

Singapore doesn't like to talk about its debt but Singapore has debt, too. The IMF says that the Singapore debt is over 100 percent of Gross Domestic Product (GDP). There is serious debt here. 

Now Singapore would say yeah, but we got a lot of asset, too. They do. There's no question about that. Once interest rates start going higher, normally, your debts get worse and your assets don't get better so the Singapore dollar (SGD) is going to suffer too, but it's mainly because the US dollar (USD) is going to be so strong when people start looking for a safe haven.

Monday, September 17, 2018

The US Dollar Will Lose Its Position As The World’s Reserve Currency

In a recent interview with RT.com, Jim Rogers expressed the view that the US dollar will sooner or later lose its position as the world’s reserve currency:

“In the next few years the American dollar is going to lose its position as the world’s reserve currency and the world’s medium of exchange.” 

 Read the full interview here: https://www.rt.com/business/438162-us-dollar-crash-jim-rogers/

Monday, November 6, 2017

Currencies: I Expect The UD Dollar To Move Higher

I have a lot of US dollars because when the turmoil gets worse many people look for a safe haven. Investors think the US dollar is a safe haven. It's not, America is the largest debtor nation in the history of the world and the debts are going higher but everybody thinks it's a safe haven so the US dollar will go higher and it might even turn into a bubble. I hope at that point I'm smart enough to sell it and put my money somewhere else. It might be gold, who knows where it will be but at the moment I own a lot of US dollars.

Monday, September 18, 2017

The US Dollar Will Lose The Currency Reserve Status

When the US Dollar replaced the British Pound (GBP) as the world`s reserve currency, there was no one really going around trying to do it quickly.  Now you have several major economic forces: Russia, China, Iran and a few others that want this to happen. So, it will happen faster, this time.

Tuesday, August 1, 2017

Market Turmoil Will be Bullish For The US Dollar

I expect market turmoil in the next couple of years but one result of market turmoil is that the  US Dollar is going to go higher because people are going to look for a safe haven now they think the US Dollar is a safe haven for historic reasons. 

Thursday, June 1, 2017

The US Dollar Is Going To Get Overpriced

The US dollar is going to get overpriced and it might even turn into a bubble as the turmoil gets worse and worse. At that point I hope I'm smart enough to sell my US Dollars and buy something else.

Wednesday, March 1, 2017

U.S. Dollar: It May Get Overpriced

My largest currency holding is the U.S. Dollar because I expect turmoil in world financial markets. When there is turmoil, investors will be looking for a safe haven. What will happen is that the U.S. Dollar will first get overpriced and if it keeps going, the U.S Dollar may even turn into a speculative bubble.

Wednesday, February 15, 2017

The U.S. Dollar Will Just Go Higher And Higher

I have been around long enough to know that everything is possible, no matter how weird it may sound. In fact, the weirdest it sounds probably the more likely it is going to happen. I doubt that there will be a Plaza accord this time around. It is more likely that the U.S. Dollar will just go higher and higher on its own. It will get too high, it will cause serious credit problems for a lot of people that has borrowed a lot of U.S. Dollars and it will make a lot of American companies less competitive.

Monday, February 13, 2017

The U.S. Dollar Is Having A Correction

The U.S. Dollar is having a correction now. All bull markets need corrections, corrections are good. I have not sold any U.S. Dollars. There is going to be turmoil somewhere along the line, we are already seeing it in some places. The Euro currency is going to have a lot of turmoil year. The U.S. Dollar is going to be a "safe haven". It is not a safe haven but is it perceived as a safe haven.

Thursday, February 9, 2017

I'm Very, Very Bullish on the U.S. Dollar

I am very, very bullish on the U.S. Dollar for a variety of reasons. The U.S. Dollar is probably one of the best opportunities around right now because there will be a lot of turmoil, people will look for a safe haven. The world thinks the U.S. Dollar is a safe haven. It's not.

Friday, December 16, 2016

When Will the Dollar Start Looking Like a Bubble

One hundred and ten in the Dollar Index certainly does not sound like a bubble to me. I will just have to judge the circumstances at the time. You will be able to read the newspapers and everybody will be talking about how the Dollar is going to go up forever, you will see on TV that the Dollar is the new promised land.

People will be pouring into dollars...I try to judge those things by the mood. Bubbles throughout history everywhere in the world, no matter the asset, always look and sound the same. I hope I am smart enough to recognize it.

Tuesday, June 28, 2016

Investors Will Flee To The U.S. Dollar Now

I have sold short stocks in the United States, I am long a lot of U.S. Dollars because people will flee to the U.S. Dollar now. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY), U.S. Dollar)

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.

Wednesday, June 15, 2016

Trump Could Well Be The Next President

I have no idea who is going to win. I usually do by this stage. It looks it could well be Donald Trump. who might win. I assure you one thing, I never voted for a winner in the U.S. and I am very proud to say that. It might well be Donald Trump who wins but it does not really matter who wins because we are going to have hard times wether he wins or not.

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.

Wednesday, May 18, 2016

U.S. Dollar: Intellectually & Economically Indefensible

I own the U.S. Dollar right now even though it is intellectually and economically indefensible but unfortunately most things are indefensible too now and that is why I own U.S. Dollars.

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.

Wednesday, May 11, 2016

U.S. Dollar: Its Correcting But It Will Go Up Again

The U.S. Dollar has been a very strong currency for 2 or 3 years. It is having a correction now but as the turmoil comes back you will see the dollar go up again.

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.

Thursday, March 10, 2016

Forex Markets: EURUSD Will Go Below 1.0000

The EURUSD will go below 1.0000, there is no question about it. When the turmoil comes and some of the turmoil will come from Europe because some European countries have problems and the ECB will print a lot more. That will make things much, much worse. If you have people starting pulling out, say Greece pulls out, say Great Britain pulls out, then people will start panicking about the Euro, they dump the Euro and the U.S. Dollar goes higher. 

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.

Tuesday, March 8, 2016

Markets: People Will Flee To Safe Havens

There is going to be so much turmoil in the world in the next couple of years, people will flee to what they think it is a safe haven, which happens when there is turmoil. They are not going to buy the Japanese Yen, they are not going to buy the British Pound, they are not going to buy the Russian Ruble. They are going to flee to the U.S. Dollar in this panic.

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.

Monday, March 7, 2016

Forex Markets: "I Am Out Of The Japanese Yen"

I am out of the Japanese Yen, it is not as safe to most people as the U.S. Dollar and they are printing a lot of it! (Japanese Yen, U.S. Dollar, Australian Dollar, Russian Ruble)

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.

Friday, March 4, 2016

Forex Markets: Who 10 Years From Now Wants To Own U.S. Dollars?

Who 10 years from now wants to own U.S. Dollars? I own a lot of them right now but I cannot imagine owning any in 10 years!

(U.S. Dollar, U.S. Government Bonds, SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV))

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.

Wednesday, March 2, 2016

The Next U.S. President

Whoever is elected President, even if Mother Teresa is elected President, the debt will keep going through the roof. Unfortunately it can happen because they can continue to debase the currency. You may have a pension coming to you of 1,000 dollars a month, you are going to get your pension but in worthless money. And they will pay their debt in worthless money. (SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV), U.S. Dollar)

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.

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