Thursday, March 22, 2012
Jim Rogers selling Treasuries...again!!!
You'd think by now Robers would have learned something. Either that, or he'd be broke so we'd never have to hear from him again.
But, NO!, there he was just a few minutes ago on CNBC, live from Singapore (he moved to his beloved China several years ago, remember, but then he found out it was too polluted, so he high tailed it to Singapore) talking about how he just went short Treasuries. Again!!!
This time, however, he admitted that he had "bad timing" and Treasuries would probably go up! Really, Jim?
This guy has sold Treasuries more times than you can count. (Him and Peter Schiff, both!) He sold them here, here, here, here, here and on many more occassions that I didn't bother to record.
This guy is the most clueless guy on the planet and it's nothing short of bizarre how the media idolizes him.
Think of all the brilliance we have here: Mosler, Wray, Fullwiler, Kelton, etc and they keep wheeling out clowns like Rogers and Schiff.
Crazy world. Crazy world.