what about this one??, page-32

Rogers: banknotes worthless not to sell gold and silver coins in the hands of

www.eastmoney.com 2013 02 18 07:34

Rogers mainly recommend investors not to sell in the hands of gold and silver coins, paper money issued by the United States since 2014 or 2015, then to become worthless.
The said commodities investor Jim Rogers (Jim Rogers) claiming gold bulls, he recently accepted media "Daily Ticker" access, gold and silver may drop from a high point, but without prejudice to the needs of the market for gold and silver coins.

U.S. official cast the yingyang silver prices hit a record high in January, the same period in gold also hit a new high of nearly 19 months.


Rogers said the Mint's silver is now sold out, but he was not in a hurry to get into gold and silver coins, but if the price of gold fell further, he would bargain buy more gold. Gold trading price hovering between $ 1670 an ounce.

"Gold has been a continuous walking the 12-year long, which is quite unusual." However, in the spring of this year, U.S. stocks stronger shot up in early February, the Dow and the S & P 500 stock index break through the 14000 and 1500 points respectively, the part of the market capital flow to risky assets gold market short momentum Wang.

With gold and silver in the majority of commodities denominated in U.S. dollars, and Rogers, although not optimistic about the dollar, but still holds some other national currencies such as the yen, are now sharply against the U.S. dollar Zoubian.

Take positive loose monetary policy due to the Bank of Japan, the Japanese yen against the U.S. dollar has been demoted to the lowest in two and a half years, against the euro Zoubian.

However, the future of Japan's monetary easing fear of more violent. 5, 2009, the president of the Bank of Japan Shirakawa Fang Mingxuan cloth will advance retired on March 19, three weeks earlier than the original retirement date, and rumored to tremendous pressure by the new government Baichuan Cheng, constantly being asked to increase loose strength, spelling an end to Japan's long years of deflation. The market is therefore expected that the successor will launch a more aggressive monetary policy. However, when investors bearish on the yen, Rogers but instead consider buying yen.

In addition, when asked about the currency in which today is expected strength, Rogers respond, may be the Russian ruble.

"There are many problems in Russia. This is why rubles so cheap, however, Russia now has many positive changes, it touches can take advantage of cheaper asset prices to get into." Rogers Road.

Rogers mainly recommend investors not to sell in the hands of gold and silver coins, paper money issued by the United States since 2014 or 2015, then to become worthless.