Jim Rogers : I am making sure I don’t have too much money in any one specific bank account anywhere in the world
Jim it is not about the bank accounts, that's the easy one to figure out. You cannot short bank accounts. But, you can short currencies, bonds and a variety of financial intermediaries and their related securities. You got to have a sneaking suspicion that is where the bucks can be made. Maybe Jim will say something once he has his positions in place?
Where should we do our homework, anyways? Let me see there's the EU, Banks, Insurers, Italy, Spain, Portugal, etc, etc,
Jim it is not about the bank accounts, that's the easy one to figure out. You cannot short bank accounts. But, you can short currencies, bonds and a variety of financial intermediaries and their related securities. You got to have a sneaking suspicion that is where the bucks can be made. Maybe Jim will say something once he has his positions in place?
Where should we do our homework, anyways? Let me see there's the EU, Banks, Insurers, Italy, Spain, Portugal, etc, etc,
May 12, 2013
"and that's the long and short of it"
