Jim Rogers : Don't Short the Markets

Legendary Investor Jim rogers who is very bearish about the US economy and Dollar says not to short to the markets in spite of his bearish views.

"I’m afraid they're printing so much money that stocks could go to 20,000 or 30,000," Rogers said. "Of course it would be in worthless money, but it could happen and you could lose a lot of money being short."

Rogers feels that a currency crisis looms in near future , He called the US dollar a "terribly flawed currency," adding that it could be the starting point for the next currency crisis.

He is bullish on commodities and says investors should turn toward commodities. This sector will lead the recovery if the global economy improves, and if it doesn't, they'll still be the best place because of inflation.