Hi - Jim Rogers is predicting a currency crisis either this fall or the fall of 2010 http://jimrogers1.blogspot.com/2009/05/we-are-going-to-have-currency-crisis.html. while i understand the reasoning for an eventual currency crisis, why would he predict the fall of each year as the timing? is it because the new U.S. fiscal year begins then? Thanks for your help.
There is no way for us to know why Jim Rogers would make a market timing prediction when he admits he is the world’s worst market timer. Have you tried to comment on that blog that is not Jim Rogers’ ?
Yes, but no informed response. The thought of the U.S. fiscal year change having an impact seems to make some sense as money comes due and inability to pay is exposed, no?
Seems to make sense to Jim Rogers who is pretty bright. However, business is 365 days a year, fiscal years are just arbitrary milestones.
It’s like asking a TV repairman for an informed response on the state of the NASA space program.