Jim Rogers : I am not buying European banks stocks at this point

Jim Rogers says that the European stress test was a total waste that was just PR and little else , it has no influence on what he does with the Euro , Rogers said that he still owns the Euro he is not selling the Euro and that he does have absolutely no clue how it is going to work out , the pressure was so great that he step in and buy it but he is still watching although he suspect he will go a bit higher but that he has no idea if he will keep owning it ( The Euro) ask him next week , next month next year events will dictate what happens ...the stress test was just PR they got the stocks up that's the whole purpose of PR Jim Rogers explains that's what CNBC and many other PR agencies are all about yes it makes things look better for a while , are they really better ? Jim rogers asks , no he answered they did not look at a lot of things that could go wrong , if you want to buy banks stocks by all means , I am not buying banks stocks at this point because I am not sure the problems are really solved I am not sure the problems are solved in most parts of the worlds economy so I am watching rather than acting Jim Rogers explains ...