Feb. 28 (Bloomberg) — Jim Rogers, chairman of Rogers Holdings, talks about his investment strategy for global stocks and commodities. Gold advanced, approaching a record, as tensions in the Middle East boosted oil prices, increasing demand for precious metals as a protector of wealth and hedge against inflation. Rogers also discusses his strategy for the U.S. dollar. He speaks in Hong Kong with Rishaad Salamat on Bloomberg Television’s “On the Move Asia.” (Source: Bloomberg)
Key Points from the video:
- Saudi Arabia not truthful about their oil production
- Gold is going to go up to $2000 at the end of the decade
- Investors should stay investing all commodities
- Short emerging market and NASDAQ to hedge
- Buy dollar when it is cheap now