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Bloomberg

Rogers Buys Yuan, Yen, Swiss Franc; Says Dollar 'Doomed': Video

Rogers Buys Yuan, Yen, Swiss Franc; Says Dollar 'Doomed': Video

Rogers Buys Yuan, Yen, Swiss Franc; Says Dollar 'Doomed': Video

Jim Rogers, chairman of Beeland Interests Inc., talks with Bloomberg's Nigel Stevenson from Milan about his plans to shift assets out of the dollar and buy Chinese yuan, yen and the Swiss franc. Since the Fed lowered U.S. interest rates on Sept. 18, the first cut in four years, the dollar has fallen 2.8 percent against the euro and touched a record low yesterday. Gold rose to a 27-year high and platinum jumped to a record. (Source: Bloomberg)

Bloomberg | October 24, 2007

Tags:. .four. .against. .source. .rates. .since

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