Mainly because everybody is so bearish on it, including me, I decided to go long the dollar. What I’ve found over the years of investing is that when everybody is on one side of the boat, you should go to the other side, at least for a while. So, I’ve gone to other side of the boat—I own the U.S. dollar, and we will see. I’m a very bad market-timer; I’m a horrible trader, so I’m sure I’m wrong. I shouldn’t even be trying it, but there I am. - in IndexUniverse
Tickers: SPDR Gold ETF (GLD), IShares Silver ETF (SLV)
Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.