Saturday, February 27, 2010

Jim Rogers Denies British Pound Statement

Jim Rogers on British Pound Collapsing

According to Jim Rogers, the comments attributed to him that he said the British pound was ready to collapse, possibly in the next several weeks, isn't true, and he knew nothing of the press release which made the assertions.

Interestingly though, Rogers did make a fortune betting against the pound in the past.

Even so, Rogers didn't exactly back down from the issue in general, as he reasserts that while he didn't make the statements attributed to him, he still considers that over the next several years the British pound has some major problems.

What is sounds like is Rogers believes in the collapse of the British pound, he's just saying it didn't say it.

Jim Rogers on British Pound Collapsing

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