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The euro is a buy, says Jim Rogers

By Chris Clair

Jim Rogers says despite his doubts over the European Union, the euro currency is oversold. Rogers says he may actually add more of the currency to his portfolio while shorting European stocks.

“I own the euro,” Rogers says. “I was most delighted to see … in the press that there’s a huge short position. All the hedge funds are now short, short the euro. I was actually thinking about selling some of my euros, but now I’m thinking about buying more euros.”

3 Responses to “The euro is a buy, says Jim Rogers”

  1. Ackman Plans A Proxy Fight, Todd Combs Posted Gain In Bershire, Chase Coleman Returned 45% In 2011 Says:

    [...] The Euro Is A Buy, Says Jim Rogers (Reuters Hedge World) [...]

  2. HFs Bet On Greek Default, HFs Urge To Remove Private Funds’ Restrictions, Rogers Still Owns The Euro Says:

    [...] The Euro Is A Buy, Says Jim Rogers (Reuters Hedge World) [...]

  3. Walter Says:

    Its funny to see Jim flip-flop every now and then .. Hahaha!

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