• The earlier posting attributing the statement to Jim Rogers is apparently false. MarketWatch reports:
  
  Says quotes in press release falsely attributed to him
  Financier Jim Rogers Friday denied making remarks attributed to him in a press release this week saying the pound sterling is at risk of imminent collapse. The denial comes as foreign exchange jitters are intensifying throughout Europe over debt problems in Greece.
  
  Rogers is a former business partner of financier George Soros in the Quantum fund which famously scored huge gains by betting heavily against the pound ahead of its collapse in 1992. Rogers said comments contained in a press release Thursday announcing an appearance by him at a trading seminar in London were false.
  
  “I did not know about this press release. I didn’t say those things,” Rogers told MarketWatch.com in a phone interview from Singapore Friday. Among other things the quotes in the release compared the pound to the hyper inflated Zimbabwean dollar and said the U.K. government could do nothing to prevent a steep fall in sterling. The release has since disappeared from the Press Dispensary web site linked to by several media organizations which reported the provocative claims.
  
  “I am on record as saying the U.K. has serious problems over the next few years and the pound sterling has serious problems over the next few years as well,” Rogers said in the interview. “I would say the same about a lot of currencies. All paper money is suspect these days.”

I wonder if the false press release was simply mischief or if there was a motive. Just goes to show how important it is to verify information before acting .