Breakout Exclusive: Jim Rogers May Buy U.S. Dollar as It Nears "Tipping Point"

Here's another sneak peek ahead of the launch of Yahoo! Finance's new daily trading and investing show, "Breakout," which launches next week.

Internationally renowned investor Jim Rogers told "Breakout" hosts Matt Nesto and Jeff Macke that he's considering buying the U.S. dollar now, but with a catch.

"We're at a moment of truth for the dollar," he says.

Rogers, who is currently long the yen, notes that the dollar has been declining despite events that would normally trigger a global flight to safety.

He says that if the dollar holds here it could rally as much as 20%, but "if it goes down 3% or 4% from here, I would have to sell and get out and hope I'm still solvent."

Rogers sees a decline in the dollar to historic "multi-multi decade new lows" as a long-term inevitability, but says the time frame for a collapse in the greenback may be sooner than previously thought.

"Somewhere along the line we're going to have a tipping point for the dollar, then it's all over," he offered. "I thought it would happen in a few years; maybe it's going to happen in a few weeks."