Jim Rogers: “a moment of truth for the dollar…”
World famous commodity investor and hedge fund manager Jim Rogers recently discussed what could be the end of the dollar in an interview with Yahoo Finance.
The dollar index has been falling precipitously for the past decade, and the trend seems to be accelerating. Rogers said he thought the end of the dollar was at least a few years off, but he said, “maybe it’s going to happen in a few weeks.”
It’s terrible news of course, even for folks who have a significant share of their portfolio in commodities.
One way to protect yourself and provide income for years to come, no matter what happens to the dollar, would be to buy precious metal securities with a dividend yield.
Chief Investment Strategist Ian Wyatt recently wrote a research report on a gold company that’s currently paying a 9.2% dividend.
If you’re interested in this research, click here for the full story.
