Much hilarity on the Jim Rogers front.
The man organising the Trading Day Seminar in London next month at which Jim Rogers is was due to speak has issued a retraction of the press release issued on Thursday, where he put words into the mouth of the globe-trotting investment guru.
His statement, apparently approved by Jim Rogers, Vince Stanzione says:
The quotes attributed to Jim Rogers yesterday – including the one that the pound could collapse within weeks – were issued by me prematurely, without the approval of Mr Rogers, who was travelling at the time and did not have knowledge of the press release before it went out. While Mr Rogers does note that the pound has had a downward adjustment, and that a severe double dip in the global economy is a strong likelihood, the idea that it might happen within weeks came from me, not Jim Rogers. It was based on my belief that the pound is vulnerable in the run-up to the UK general election…
I apologise to Jim Rogers, the media, our press agency and to anyone else who may have been affected by the statement. I believed I was reflecting Mr Rogers’ sentiments but I accept that I should have sought his final approval before issuing the release. I take full responsibility.
Actually, its seems JR will be attending the seminar, slated for March 19.
What a great way to sell tickets!
Related links:
Shock! Jim Rogers didn’t say sterling shall collapse! – FT Alphaville
The Great British Krona – FT Alphaville