Jim Rogers: "They are printing too much money…"

in commodities Gold Gold Market inflation Jim Rogers by admin — September 1, 2010 9:20 am | no comments

Here’s the latest word from legendary investor Jim Rogers. As usual Jim is as bearish as ever and long commodities….. However, that is not to say Rogers is loading up on the short side. In fact, Jim says: “They’re printing so much money that I would not be short. I have no shorts. In most of my life, I’ve always had a short of 2, or 3, or 16… because I’m afraid they’re printing so much money that stocks will go to 20,000 or 30,000. Of course it will be in worthless money, but it could happen,” Roll the tape…. Great stuff, Mr. Rogers. But seriously, the Dow could go to 30K?? Related Articles: Jim Rogers on Gold, the Dollar, and Inflation Jim Rogers Warns the Dollar Faces a “currency crisis” Jim Rogers: “This is not going to solve the problem” To learn more about Wealth Daily click here Jim Rogers: “They are printing too much money…” originally appeared in Wealth Daily . Wealth Daily is a free daily newsletter featuring contrarian investment insights and commentary.