Short US Government Bonds "Right Now": Jim RogersBy: Justin Menza
Feb. 08, 2013
German Officials Respond to Migrant's Axe Attack by Calling for 'Mandatory Islam Classes'
Finland: Man Thrown in Prison For Using "Excessive Self-Defense" Against Home Invaders
Steve King Doubles Down: Idea Every Culture is Equal "Not Objectively True"
'The Economist' Celebrates British People Becoming A Minority In Their Own Country
Black Lives Matter Protesters Block Bridge During Child's Medical Emergency
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.