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November 23, 2014

Russian Sanctions Are Hurting Europe

These sanctions are not hurting everybody, but they're certainly hurting Europe, which is driving more and more people to look for competitors to the US dollar and the US banking system. In the end it's good for Russia. I don't like saying it. I'm an American like you are. But I have to deal with facts, not with propaganda and not with hope.

Related ETFs: iShares MSCI Emerging Markets ETF (EEM)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide.
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