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Jim Rogers On CNBC- I Have No Shorts For First Time Since 1987

Investment Education Staff (June 19th, 2009) Writes:

by Alejandro garcia

For the majority of his career, Jim Rogers has had both long and short positions. As of this interview, this is one of the few times Jim Rogers does not have a short position. Among the reasons for Jim not having any shorts is a possible currency crisis and thus should avoid shorting the market. Rogers typically holds both long and short positions, but his perception of global currencies’ instability has led him to pull out all his shorts, he said. The last time he can remember doing so was before the market fiasco in 1987. Among other things Jim Rogers continues to be “wildly” bullish on China, “wildly” bullish on commodities. Specifically, Jim likes Silver over Gold, Natural Gas and Cotton.

The latest CNBC interview comes a day after Jim was interviewed by the Economic Times, in which he states how the type of Chinese companies …


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