Sunday, July 19, 2009

And something else you should see.....

Jim Rogers recently announced that for only the second time in his entire investing career he has NO SHORT positions. This is due to his reasoning that governments are printing so much money that inflation will cause asset values to rise across the board (although slower than their inflation-adjusted dollars are relatively valued).

This might make you shake in your boots if you are holding USD's.

Do you still think the talking heads on MSNBC calling for a "Japan style recession" know what the hell they are talking about?

Thanks to anarchyjapan for the chart.

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