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%.

Saturday, October 16, 2010

Jim Rogers on Gold and Currency 10 /16 /10

Jim Rogers on Freedom Watch with Judge Napolitano 10 /16 /10

Jim Rogers : gold adjusted for its all high in inflation terms will be over $2000 an ounce ...The US government is doing absolutely foolish things , the British government is doing foolish things , many governments are printing money right now ...and whenever you print money people look for a refuge : GOLD....a lot of big names on Wall street are buying gold , the public is buying gold to some extent , but the public is also selling gold...the problem with gold is that there is not so much gold ....etc...

Jim Rogers The FED failed policies will cause the Gold and Silver to go much higher


In a Recent Interview with CNBC CLICK Here to Watch the Interview >>>> Jim Rogers explains that one reason gold will continue to gain is because of the failed policies of the Federal Reserve, its Chairman Ben Bernanke, the Treasury Secretary Geithner and other government officials."Gold is going to go a lot higher over the next decade. It may slow down for a while because it's run up so dramatically here in the last few weeks. But gold's going to be much higher," Rogers said. "Adjusted for inflation it should be well over $2,000 now. When I say something like it's going to 2,000 in 10 years it's not a very dramatic statement given the state of the world. I'm sure it's a given."
Bernanke and Geithner "They've all been dead wrong, totally unadulterated wrong," Rogers explains. "Unemployment is higher now than it was before. Everything is worse instead of better. Let people go bankrupt. Let the system clean out and start over."

"If the world economy gets better I'm going to make money in commodities," Rogers said. "If the world's economy doesn't get better I'm going to make money in commodities, because (the Fed is) going to print money."
Silver is expected to soar too , silver may even be a better buy now than gold because it is well off its historical high, while gold has been setting a series of new peaks lately Rogers explains......
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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