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%.

Monday, March 29, 2010

Jim Rogers sees huge long positions in crude.

Jim Rogers Interview with CNBC TV 18 Mar 26, 2010



“I won’t rule out a correction. It could fall to USD 65 a barrel.”said Jim Rogers

"I have been long on dollar since last fall. I am terribly bearish on the dollar long-term but last year there were so many people bearish that I decided to go to the other side. I am long—I do not know how long I would be long on the dollar."

"I notice there are gigantic long positions, speculative long position in crude oil. Whenever that happens, we normally had a correction. I have no idea what cause the correction. Crude oil did go from USD 30 per barrel to USD 80 per barrel almost straight up for a while so wouldn’t surprise if we had a correction. Just given all the huge long positions in crude, I would expect we will see a correction before we see move up to the upside."



Jim Rogers president of Rogers Holdings is George Soros former partner and co-founder of the Quantum Fund, and a truly legendary international investor who helped generate a 4,200% total return over a 10-year period .Jim Rogers is always bullish on Asia Commodities Agricultural Products gold and silver


China is now second largest market for Luxury Goods

China Embraces Luxury Brands



China embraces luxury brands and is now the number 2 market for high end goods. It is projected that China will be the #1 market for luxury brands in the near future.
China is now second largest market for Luxury Goods



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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