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Message: Industry Bulletin - Jim Rogers Call To “Abolish The Fed” A Sound Idea

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Industry Bulletin - Jim Rogers Call To “Abolish The Fed” A Sound Idea

posted on Mar 12, 08 08:57AM

Dear Shareholders,

In an effort to keep you up to date on all pertinent information regarding the resource sector, please take a moment to read today’s AGORACOM Blog.

Jim Rogers Call To “Abolish The Fed” A Sound Idea

March 12th, 2008 Jim Rogers, co-founder of the Quantum Fund along with billionaire investor George Soros, expressed his unequivocal view on the Fed’s $200 Billion bailout plan - abolish the Federal Reserve.

More than headline grabbing, Rogers’ view is based on very sound logic. Though we all know the Fed is not going to be abolished anytime soon, he will probably use today’s interview on CNBC Europe to tell the world “I told you so” if the US economy goes as he expects. So far, he’s been dead on nails by calling for climbing oil, a falling US dollar and climbing agricultural prices. Read this post from November 14th in which I reported his calls on these very items.

Click here to read the blog in its entirety.

Regards,

AGORACOM

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