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Old 24th October 2007, 07:50 AM
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Re: Bloomberg: Jim Rogers Shifts Assets Out of Dollar to Buy Chinese Currency

Quote:
Originally Posted by Rubber Duck
Yes, and it looks like they are trying to Spook the herd again. I guess they have already taken up their positions. Why else would they be talking to the press?

``It's the official policy of the central bank and the U.S. to debase the currency,'' said Rogers, a former partner of George Soros.

If you believe in this, then it's the central bank that is the real cheerleader.

I'm not so sure myself.
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