I do own the U.S. dollar. People see it as a safe haven, but it is not a safe haven. But people think that, and so therefore I own the dollar.
There is more turmoil coming out of Europe and other currency markets, so people, when they try to look for a place to flee, they flee to the dollar, so I fled to the dollar, too. The dollar is terribly flawed, terribly flawed over the next few years, so be very careful. - Moneynews.TV
Related: PowerShares DB US Dollar Index Bullish (UUP)
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.
