An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Thursday, September 17, 2015
Jim Rogers: mind blowingly perfect when it comes to being wrong!
After years of telling us how the dollar was going to get killed because of Fed "money printing" he inexplicably gets bullish at the top. Amazing!!
The impersonation is funny, but the least you can do is give Jim Rogers the courtesy of addressing him from an exercise bike. Don't forget to puff and pant and pull funny faces.
Someone once said of Jim Rogers, that he's overwhelmingly a futures trader and doesn't lose all that much rolling his positions over when he's wrong. He's got enough money to ensure time's on his side. Apparently, if you're trading spot and taking his advice, he'll send you to the poorhouse in no time. No idea if that's true, or if it makes any sense.
In any case, you have to wonder how many people have lost their savings taking advice from these libertarian market gurus, and how they ended up so damn rich (Marc Faber included).
Nice shades Mike- these videos are going Right Into The Danger Zone.
ReplyDeleteHere you go!
ReplyDeleteDanger Zone.
Mike,
ReplyDeleteThe impersonation is funny, but the least you can do is give Jim Rogers the courtesy of addressing him from an exercise bike. Don't forget to puff and pant and pull funny faces.
Someone once said of Jim Rogers, that he's overwhelmingly a futures trader and doesn't lose all that much rolling his positions over when he's wrong. He's got enough money to ensure time's on his side. Apparently, if you're trading spot and taking his advice, he'll send you to the poorhouse in no time. No idea if that's true, or if it makes any sense.
In any case, you have to wonder how many people have lost their savings taking advice from these libertarian market gurus, and how they ended up so damn rich (Marc Faber included).