Wednesday, July 29, 2015

People buy US Dollar during market crisis

Once we have more currency turmoil, many people will flee to the US dollar and because they do not know what else to do. They think it is a safe haven. It is not a safe haven. It is not a prediction but this can happen.

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.