Jim Rogers on Long Term Bonds ~ market folly

Monday, December 29, 2008

Jim Rogers on Long Term Bonds

"I was shorting the long bond in October and in November but I had to cover. I plan to sell them short again along the line. Bonds are the last bubble, its clearly a bubble. Everybody is pumping bonds like crazy." - Jim Rogers

Repeatedly, Rogers has said he is looking to buy Agriculture, to short U.S. long-term bonds, to short the US Dollar after its rise fully secedes, and to buy Japanese Yen. (See our rationale behind shorting long-dated treasuries)

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