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%.

Tuesday, November 3, 2009

Jim Rogers has more Dollar Holdings in anticipation of a possible rally

Jim Rogers interview with FT.com 02 November 2009


World class Investor Jim Rogers from Tokyo spoke with FT.com he said that he is still skeptical about the dollar , but he owns more dollars now in anticipation of a probable rally that according to him would last a year or two at most , Jim Rogers also said that he continues to accumulate more Renminbi aka Yuan that he never sold any chinese stocks , Jim Rogers also speaks of a possible commodities bubble in the near future but we are no where ose now as the major commodities are well bellow their all time heights ....Jim Rogers is surprised that oil prices are not any higher cause we are practically " The world is running out of known reserves of oil , we have huge problems facing us and we will have gigantic prices down the road unless something happens very very quickly , you can call it speculation if you want I call it wise investing...If you know where there is a lot of oil and you know that the price of oil is overpriced on the fundamental basis , please do not put on the FT , please tell me and then put it in the FT OK...nobody else knows where the oil is , if it is out there , and it may be there , we just do know where it is ...."....

Click Here to Watch The Interview



Jim Rogers has more Dollar Holdings in anticipation of a possible rally
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 "
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