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, April 19, 2010

Goldman Could Trigger Market Correction: Jim Rogers

Investment Guru Jim Rogers, Chairman of Rogers Holdings, commented Saturday on a phone interview with CNBC about the SEC accusations of fraud against Goldman Sachs :"Markets are overdue for a correction, Any market that goes up this much, this fast, this steadily without correction - it's not normal. When that sort of things happens, the market could be setting itself up for a 15 - 20% correction."
"What I am doing is watching. If this is going to be the beginning of a correction. we will know how the markets does next week, by Thursday, I suspect. It's not time to sell in any significant way." He added

China to Damp Property Prices With Draconian Moves

April 20 (Bloomberg) -- Bloomberg's Susan Li and Stephen Engle report on China's efforts to stem gains in property prices by ordering banks to stop loans for third-home purchases. Banks should also suspend lending to buyers who cant provide tax returns or proof of social security contributions, the State Council said in a April 17 statement. Shares of developers and banks tumbled yesterday. (Source: Bloomberg)




China to Damp Property Prices With Draconian Moves

Stock Index Trading Debuts in China

April 16, 2010 — Stock Index Trading Debuts in China

Singapore Real Estate Bubble - could it be The next Dubai ?

The Next Dubai? - Real Estate & Property Bubble, Mike Maloney of Gold and Silver Inc



While in Singapore Mike Maloney of Gold and Silver Inc checked out the Singapore Flyer...the world's largest ferris wheel. The view was mind blowing and Mike had a great time counting the construction cranes. Just amazing, there are buildings going up as far as the eye can see. Mike Maloney is wondering if Singapore could be the next Dubai?


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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