Short US Government Bonds "Right Now": Jim RogersBy: Justin Menza
Feb. 08, 2013
Canadian State TV Hails 'Beige Horizon' With No White People
'It's A Hate Crime': Black Teens Hospitalize White 'Trump Voter'
Italy's Minister Of Interior: Surrender Your Homes To Migrants Or Face Jail
Twitter User Replaces Word 'White' With 'Black,' Gets Banned
FAKE HATE: Black Man Arrested For 'Racist,' 'Pro-Trump,' 'Nazi' Graffiti
With the Federal Reserve and now Bank of Japan printing massive amounts of money, billionaire investor Jim Rogers told CNBC's "Closing Bell," he is shorting U.S. government debt.
"It's all artificial what's going on right now," Rogers said. "The Federal Reserve is printing money as fast as they can. The Bank of Japan said 'we're going to print unlimited money.'"
He called the Fed's monetary stimulus "outrageous."
All that money printing has Rogers bearish on U.S. Treasury debt. He said he's shorting government bonds and that if it's indeed the end of the 30-year bond bull market, those shorts will pay off. In particularly he said it's time to short long-dated U.S. government debt.