In other news overnight, well-known, bow-tie-wearing commodity trader JimmyRogers reportedly said Tuesday that world currencies being debased will allow raw commodity markets, including the precious metals, to extend their long-term price uptrends for the next eight to 10 years.
Effective immediately, Rogers reports directly to Beats CEO and Co-founder Jimmy Iovine and President and COO Luke Wood and is based out of the company's Santa Monica headquarters.