Jim Rogers, Chairman of Rogers Holdings, has once again made a bold prediction and that is the British Pound could quite possibly collapse within the coming weeks.
Jim Rogers, co-founder of the Quantum Fund and founder of the Rogers Commodities Index, was quoted in a recent press release that the United Kingdom Pound is on the brink of utter collapse, which could happen within the coming weeks and there is nothing governments can do about it.
Rogers, making statements prior to delivering a keynote speech at next month’s Global Trading Day seminar in Westminster, believes the collapse of the Pound could foreshadow a global economic disintegration before the end of the year. The last few months of increases in the markets have been a “false bounce” and occurred due to government interference in the market and throwing everything at it except for the kitchen sink.
“But it can’t last. We’ve been applying temporary sticking plasters, not long-term cures. Later this year we’ll see the start of the real recession, with more Lehman-scale disasters and a fallout which won’t stop until the underlying malaise is genuinely cured,” said Rogers.
The author of “Hot Commodities” believes the beginning of the collapse of the UK will start with the Pound, adding that the Pound has devalued against all other currencies and is a “basket case,” which will put Great Britain in a bad position when the “shakedown” occurs.
“It sounds like a lot of doom and gloom. But it doesn’t have to be. With foreknowledge, experience, advice and skill, even the steepest downward slide can be turned to advantage. Recession can be just as much a source of wealth as growth.”
What’s the solution? Vote British National Party (BNP) – http://bnp.org.uk/
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EPIC FAIL you European Union, “Illuminati” Members you are.
Vow! Jim Rogers’ words is exactly as his friend, George Soros who said FT . It is obvious that they already team up to short the Pounds! So, I will join them and short pound to 1.02 US$.
God save the Queen!
£ :arrow: :idea: :!:
let’s get rid of our sterlings quick :-D
Although I have some misgivings about the BNP and although I have supported them in the past, the BNP is still the best hope for the White British people. I earnestly pray for YHWH’s protection over those “isles afar”.
And yes, YHWH save the Queen of the Throne of David.
I only hope that she remembers where her first loyalty is supposed to lie. Sometimes I have my doubts about that too.
What’s the solution?
YES YES YES – Vote British National Party (BNP) – http://bnp.org.uk/
What’s the solution? Vote British National Party (BNP) – http://bnp.org.uk/
:-D