The currency crisis is going to get worse creating global financial crisis: Commidity Guru Jim Rogers
Sam Adelton
May 5, 2010

Jim Rogers says, "world economies do not get better, then I would rather be in commodities in most things because governments are going to print even more money, and whenever you have printed money throughout history, it has led to higher prices for real goods whether it is silver or natural gas. So, I would rather own commodities than most things in the world in the next two or three years."

The commodity guru continues,"You may well see some more countries going bankrupt in this period of time because these imbalances still exist. I would be careful if I were you. I have started selling short in the last month or so. I have had virtually no shorts. In fact, I have had no shorts since the fall of 2008 but in the last month or so, I started adding to my short positions for the first time in 18 months."

The currency crisis is going to get worse creating global financial crisis: Commidity Guru Jim Rogers
Sam Adelton
...some more countries going bankrupt in this period of time because these imbalances still exist.
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