Three ETFs To Play Jim Rogers’ Advice
July 15, 2010 at 07:00 AM EDT
It was the best of times, it was the worst of times. Investors have been pulled in opposite directions in recent sessions, as conflicting data leaves the short term outlook very uncertain. Earnings season has gotten off to a hot start, with Intel, Alcoa, and CSX all impressing the Street. Meanwhile, diminishing fears over the debt crisis in Europe are suggesting to some investors that the worst is behind many developed economies in the developed world. On the other hand, others note sky-high unemployment levels and record budget deficits as major causes causes for concern going forward, and reasons to be cautions in the portfolio allocation process. One famous investor that falls into the second camp is the legendary Jim Rogers, who is advising investors to sell bonds and buy commodities as a refuge from the global economic woes. Rogers’ Rise Jim Rogers first rose to fame in 1970 when he started the [...] Click here to read the original article on ETFdb.com. Related Stories: GDX vs. GDXJ: A Better Way To Play Gold? ETF Plays For A Falling U.S. Dollar ETFs To Play Along With Soros, Paulson, and Fournier