Jim Rogers, chairman of Rogers Holdings, talks about the U.S. government’s rescue of troubled banks, the outlook for U.S. stocks and investment strategy. NewEdge-Cube Division’s Mark Hawkinson also speaks.
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00:00 Need to allow U.S. banks to fail; Japan
04:02 “Close” Fed and “crisis takes care of itself”
05:54 Strategy; gold; “more problems” for markets
08:34 Investing in oil, agriculture; Treasuries
11:23 Picks: China, agriculture, non-U.S. airlines
12:21 “My plan is to get out of the dollar…”
Running time 13:06
Source:
Jim Rogers Says Markets May Go `A Lot Further Down
Bloomberg, November 3, 2008 10:51 EST
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a8OW0fN0Rjfw
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