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, April 9, 2010

Jim Rogers: China will allow Yuan RMB to appreciate in value

April 8 (Bloomberg) -- China will eventually allow its currency to appreciate as a strong yuan will help the world’s fastest growing economy to fight inflation, “China knows that they cannot have a major world economy with a blocked currency,” said Legendary investor Jim Rogers recently stating that although China will eventually allow the Yuan Renminbi to appreciate in value but that the Chinese economy which is only one tenth of that of the United States will not be able to save the rest of the world.“Lots of people will benefit if the yuan goes up. Everything they import will go down in price,” Rogers said. “That will help inflation a great deal in China. They do have an inflation problem.”










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


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Donald Trump on US running up debt and borrowing from china ..strong statements from Donald Trump about china and the Chinese people , he says we need the chinese products we can make them right here , we do not need them to make toys for our kids , they are of course currency manipulators says Donald Trump we should tax them , i deal with that country so much and i know they are laughing at us they think we are stupid our leaders are stupid Donald Trump explained

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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