Yet ANOTHER fiat currency into the dustbin of history?
I have always viewed the advice of Jim Rogers as sage. He is also not afraid to make predictions. Note this from the news site DigitalJournal.com from Friday the 26th:
“Jim Rogers, Chairman of Rogers Holdings, has once again made a bold prediction and that is the British Pound could quite possibly collapse within the coming weeks.
Jim Rogers, co-founder of the Quantum Fund and founder of the Rogers Commodities Index, was quoted in a recent press release that the United Kingdom Pound is on the brink of utter collapse, which could happen within the coming weeks and there is nothing governments can do about it.”
Jim Rogers is also a strong believer in physical gold for a portfolio. He has advised his clients about purchasing gold, and the gold shortage due to declining mining production. Also his gold predictions have been right on!