Monday, August 18, 2014

World needs alternative currency to US Dollar

The dollar is an extremely flawed currency. The Americans are throwing their weight around and telling everyone what to do and I think it is absurd. It is making more and more enemies. As a result, some people/investors will move to an alternate currency. I hope the world will come up with a competing currency.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.