Jim Rogers: I’m Optimistic About the U.S. Dollar

Jim Rogers: I’m Optimistic About the U.S. Dollar

“Rogers had a few tips for investors. ‘I’m wildly optimistic about agriculture,’ he explained. ‘It’s going to be one of the most exciting economic sectors in the world in the next 20 or 30 years. Prices have been so low… the sugar price has been down 75% since 1974.’ He noted the longtime lows signaled good long-term buying opportunities. Rogers has shifted his currency strategy, now believing that ‘currency turmoil’ around the world will lead investors to flee to the relative security of dollars. ‘To my astonishment, I’m optimistic about the U.S. dollar, which I’ve been terribly pessimistic about for years.'”

http://dailyreckoning.com/jim-rogers-im-optimistic-about-the-u-s-dollar/

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