JIM ROGERS

JIM ROGERS

Saturday, June 27, 2015

Too many people believe that Gold is Holy




Jim Rogers: I own gold. I have not bought any serious gold in five years or so. It did not have a down year for 12 years, now the correction is an anomaly. Gold has not been down 50% in years, so gold has not been acting like normal markets for a long time. I expect a better chance to buy gold sometime in the next year or two. If that happens, I hope I am smart enough to buy a lot more gold if it had a 50% correction. I will hedge some of my gold because there are still too many people who believe that gold is holy and it probably cannot set a sound bottom - in ET Now





Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Friday, June 26, 2015

Is The Bond Market in a Bubble?



Whether it’s a bubble or not we will find out one day, but it probably is. For the stock market to go down, something has to happen, and it could happen if the bond market scares the socks off everyone. The previous bear market in bonds was from 1946 to 1981. Since 1981, the bond market has been in a bull market. When bonds start going lower, and rates go higher, rates will go much, much higher. Interest rates go to levels we cannot conceive right now. I cannot tell you how high interest rates could go but in 1981 U.S. government bonds were at 15%. Right now, there is inflation, but the U.S. Bureau of Labor Statistics say there is no inflation. I don’t know where they go to shop, or where they send their kids to school, or go to baseball games. There is inflation all over the world, not just in the U.S. - in The Market Watch




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Thursday, June 25, 2015

The Phosphate Fertilizer producers are set to become the Blue Chips



“The supply-demand situation on the horizon is much better in phosphates than in other fertilizers,” said investor Jim Rogers, who sits on the board of OAO Phosagro, the world’s third-largest phosphate nutrients producer. Rogers has invested in Phosagro shares, but not those of Uralkali.




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.






Who is Jim Rogers ?

James "Jim" Rogers was born in Oct. 19, 1942 and grew up in Demopolis, Alabama .Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%. They ran what is considered to be one of the first truly global macro hedge funds. . In 1964 he got his first job on Wall Street at Dominick & Dominick in the summer between high school and Yale University, that's how he got his first experience with stocks and bonds. He immediately fell in love with the job. After Oxford, he returned to the U.S. and joined the army in 1970 he returned to Wall Street, working again with Dominick & Dominick. That same year he joined Arnold S. Bleichroeder, where he met George Soros, and together founded the Quantum Fund. This has opened a new era of global macrotrading and inspired numerous imitations and spin-offs. In the book "Money Masters of Our Time," Jim Rogers writes about that time "the most important thing in my life was work. I did not do anything until I had completed my work." To emphasize this professional ethic , it is good to remember that he did not made any holiday for ten years. In 1980, Jim Rogers has decided to "retire" at 37 years. Since then he has spent much of his time traveling and supporting the causes of philanthropic and taking on many high profile roles in the media. However, he continues to be an active investor and media commentator

Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "