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Jim Rogers expect interest rates to the United States go much higher in the coming years photo: Clare Kendall

Rogers, who shot to fame after co-founding Quantum Fund with George Soros, argued that the Federal Reserve uses information relying too heavily on House prices.

"I expect interest rates to the United States go much, much, much higher in the coming years", he said, adding he bet against US Treasury bonds.

Index of personal consumption expenditures, which removes the cost of food and energy, is the preferred Federal Reserve inflation. It is flat in October for the second month of law.

Rogers, "everyone in this room knows the price will everything", says Reuters Summit.

The investor remains optimistic about products, account required crisis debt to many countries around the world.

"If the world economy gets the best products will rise in price because there is a shortage." "If the world economy gets better, you own products, because [banks] are going to print more money", he said. "Real assets are the way to protect you."

Rogers also predicted that the price of gold will increase eventually over $ 2,000 an ounce. Price spot gold hit a record $ 1,430.95 an ounce of falling to close $1,409.35 Tuesday.

Attacker "bad economy of the European Union" for "corrosion the value of the euro", Rogers has yielded a Dour picture the future of the single currency. "I don't expect the euro to the about 10-15 years," he said, adding that the Chinese yuan is now more attractive currency.

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