“The U.S. dollar may be in hot demand today, but it’s still a “terribly flawed” currency belonging to an indebted nation, says famed commodities champion Jim Rogers, CEO and chairman of Rogers Holdings.
Fears that Greece or Spain will exit the eurozone have rattled currency and stock markets worldwide, sending investors fleeing to the dollar in what they assume is a safe-haven asset.
The dollar is not a safe-haven asset, Rogers says, but he owns it merely because it’s in demand.”
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