Jim Rogers Bullish on Oil Silver and Agricultural Commodities

Jim Rogers Dollar Doomed as World Reserve Currency

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Jim Rogers it is Time to Dump the Dollar and Invest in Commodities

"Investors should dump the dollar and put their money into commodities, says billionaire investor Jim Rogers. The greenback will get even weaker as inflation inevitably rises, which will prompt the government to sell bonds and print money to pay down gaping deficits, Rogers says. "The U.S. dollar is now a terribly flawed currency," the Australian Broadcasting Corporation quoted Rogers. "The U.S. as recently as 1987 was a creditor nation. Now it's the largest debtor nation in the history of the world and that's going to continue to cause problems." Investors should put their money in commodities, especially since demand for commodities like oil and gold will outstrip supply, thus boosting prices, Rogers says. Federal Reserve officials have said they will keep an eye on inflation when the time comes to yank stimulus money out of the economy once recovery gains steam. "- Newsmax