Short US Government Bonds "Right Now": Jim RogersBy: Justin Menza
Feb. 08, 2013
FACT CHECK: Hillary Said 90% of Clinton Foundation Donations go to Charity. Actual Number? 5.7%
Wikileaks: Hillary Plotted Fake 'Grassroots' Campaign Using Celebs to Con Youth Into Voting for Her
UK: '12yo Refugee' Outed As 21yo Jihadist Threatens To Kill His Foster Mom & Her Kids
'The System IS Rigged!' Pat Buchanan Goes Off On CNN Propagandist!
Jorge Ramos: "The Future of This Country Will be Composed Solely by Minorities," It's "Beautiful"
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.