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 â€¦ 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.”