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%.

Wednesday, April 7, 2010

China to Strengthen Yuan by July says Bank of China Economist

April 8 (Bloomberg) -- Cheng Manjiang, an economist with Bank of China International, speaks with Bloomberg's Susan Li from Hong Kong about U.S. Treasury Secretary Timothy Geithner's trip to China and the outlook for China's yuan policy. (Source: Bloomberg)

U.S. Delays Report on Chinese Yuan

The U.S. Treasury will postpone a ruling on whether China manipulates its currency.

Yuan May Appreciate by 3-5 percent

Expect the yuan to appreciate by 3-5 percent, says William McCahill Jr, vice chairman at JLM Pacific Epoch. He discusses whether exporters will be able to handle the rise, with CNBC's Martin Soong.










Yuan Revaluation Move Within 3 Months says McCullough

April 7 (Bloomberg) -- Keith McCullough, chief executive officer of Hedgeye Risk Management and a Bloomberg Television contributing editor, talks with Deirdre Bolton about the outlook for China's yuan policy and U.S. Treasury Secretary Timothy Geithner's comments today that he anticipates China will oversee a bigger international role for its currency. McCullough also discusses the outlook for U.S. buyer response to Greece's sale of dollar bonds. (Source: Bloomberg)


Geithner From India to China on Yuan dispute

Geithner to Visit Beijing Amid Currency Dispute

Tendai Musikavanhu of Old Mutual Global Index Trackers on the Treasury secretary heading to China



Stephen Roach : Geithner visit to China is very encouraging

April 7 (Bloomberg) -- Stephen Roach, chairman of Morgan Stanley Asia Ltd., talks with Bloomberg's Deirdre Bolton about U.S. Treasury Secretary Timothy Geithner's plan to travel to China after his two-day trip to India concludes today.¶ Geithner will meet Chinese Vice Premier Wang Qishan in Beijing tomorrow. Roach also discusses China's currency policy and U.S.-China relations. (Source: Bloomberg)


UK AAA credit rating and The sovereign debt crisis in Europe

Jim Rogers UK AAA credit rating and The sovereign debt crisis in Europe
Do you think that the sovereign debt crisis in Europe has proved you right because you have been saying that none of this should be done and banks should simply have been allowed to fail?

"I sometimes get it right and even I get it right sometimes. Banks should have been allowed to fail and its country should be allowed to fail. If I were a German citizen, I would be outraged that I might have to start paying for Greek politicians who went and spend huge amounts of money. There are more countries set to payout not just in Europe but around the world. "

Do you think that the UK is going to lose its AAA credit rating this year?


"Of course. How can they maintain the credit rating other than fixing the books, or something. The UK has staggering amounts of debt that it has taken on in the past few years. "
via Indiatimes


Jim Rogers president of Rogers Holdings is a successful hedge fund manager, investor, writer and regular media commentator. In the 1970's he co-founded with George Soros the Quantum Fund, a private investment partnership which invested in commodity futures, among other investment vehicles, and experienced superior returns over 10 years. 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 . Rogers has been chronicled in John Train's “Money Masters of Our Time”, Jack Schwager's “Market Wizards” and other books. He is the author of several books on investing and the market, and in December of 2004 published “Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market”. Jim Rogers once said about investing in commodities :"Investing in commodities can be a hedge against a bear market in stocks, rampant inflation, even a major downturn in the economy. In fact, I believe that investing in commodities will represent an enormous opportunity for the next decade or so.”
Jim Rogers Commodity Index Rogers International Commodity TRAKRS , trades on the Chicago Mercantile Exchange under the ticker symbol RCI. The RCI represents the U.S. dollar value of a basket of 35 commodities consumed in the global economy both in developed and emerging markets


Geithner on China Currency Outlook

Treasury's Geithner Discusses China's Currency Outlook

April 7 (Bloomberg) -- U.S. Treasury Secretary Timothy Geithner talks with Bloomberg's Lizzie O'Leary in Mumbai about the outlook for China's currency and the prospects for global growth. Geithner will meet Chinese Vice Premier Wang Qishan tomorrow in Beijing. (This is an excerpt of the full interview. Source: Bloomberg)


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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