“With the Federal Reserve and now Bank of Japan printing massive amounts of money, billionaire investor Jim Rogers told CNBC’s ‘Closing Bell,’ he is shorting U.S. government debt. ‘It’s all artificial what’s going on right now,’ Rogers said. ‘The Federal Reserve is printing money as fast as they can. The Bank of Japan said ‘we’re going to print unlimited money.” He called the Fed’s monetary stimulus ‘outrageous.’ He also likes Russia for the first time in his career. Russia is changing but the market remains unloved. Rogers is buying the bonds, the currency and stocks.”
http://www.cnbc.com/id/100444279
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