Investor Jim Rogers comments on Ron Paul while being interviewed in the Austrian daily "Der Standard". Here is my translation of the relevant parts:
STANDARD: What would be your advice to the next president?
Jim Rogers: To resign (he laughs). Look, the problems can be solved. But whoever runs on a platform to change the whole system is not going to be elected. You had to change the whole tax system... Furthermore: America has stationed troops in 120 countries. Bring them home! We only make enemies, it doesn't make us safer, and it costs us a fortune.
STANDARD: That's what the Republican longshot candidate Ron Paul says. You once said you'd vote for him.
Jim Rogers: I said he is the only one who understands the situation. A longshot? We'll see in November. Currently he doesn't stand a chance.
STANDARD: What about those who stand a chance?
Jim Rogers: I wouldn't vote for any of those...
For those of you who understand german, you can read the full interview here.
-- Johannes
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That could be the most important endorsement that I have yet to see. Jimmy Rogers simply does not pick losers. Let's see if he knows politics as well as he knows finance. Thank you for finding that endorsement Johannes. - Allan
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