Mad Money Machine

Jim Rogers: Abolish the Fed

Here now for a self-fulfilling prediction: I said you’d be seeing more of Jim Rogers in 2008 as commodities and China take the headlines. Here now is Jim on CNBC the other day in an interesting (sometimes funny!) interview in which he says the Fed is doing a poor job, throwing gas on a raging fire. The other central banks around the world are doing much better. At least they *acknowledge* there is inflation.

If you want to take his advice and buy agriculture and currencies, you may want to do some homework on DBA, FXY, FXF, and FXA. Possibly DBC as well. Oh, and SKF!