Jim Rogers did not warn that the pound could collapse “within weeks”

Perhaps the pound is not doomed after all. Yesterday I wrote that Jim Rogers, co-founder with George Soros of the Quantum Fund, had warned that the pound could collapse “within weeks”.

It turns out he said nothing of the sort:

I did not issue this nor did I say any of it. I am trying to get it corrected. It is outrageous.

In his emails to me, Rogers also points out that a year ago he was quoted out of context, as he said at the time.

It seems Rogers has been sadly misused, and I can only apologise for passing on the press released comments – readers can draw their own conclusions on why it was issued.

Still, I wouldn’t go buying sterling because of this.

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