Jim Rogers: Markets Have ‘A Lot Further to Fall’

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

Jim Rogers Says Markets May Go `A Lot Further Down
Bloomberg, November 3, 2008 10:51 EST

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