iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Jim Rogers: “I will be shorting U.S. bonds”

“Veteran investor Jim Rogers said on Wednesday he plans to short US bonds and sees more currency turmoil in the markets this fall.

“I will be shorting US bonds,” Rogers told a conference in Edinburgh. “I would probably be doing it today if I weren’t here,” he said.

Bonds in the US have been in a bull market for 30 years, Rogers said.

“In my view that’s coming to an end…the bond bulll market is coming to an end. If any of you have bonds I would urge you to go home and sell them. If any of you are bond portfolio managers I would get another job,” he said.”

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter