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, January 10, 2011

Fall in China Trade Surplus Not Worrying

Jan. 10 2011 | The drop in China's trade surplus puts the pressure off President Hu when he visits the U.S. next week, says Jonathan Cavenagh, senior FX strategist, institutional FX sales, Asia at Westpac Institutional Bank. He tells CNBC's Rebecca Meehan, Lisa Oake and Yousef Gamal El-Din that the decline is nothing to be worried about.

Jim Rogers : Outlook for the US Dollar in 2011

Jim Rogers : "...I own the US dollar at the moment because there have been many-many sceptics on the US dollar. I expect it to rally for a while. I do not know whether I would own it for a week or a month or a year. I just do not know. I do know that as long as there are many-many skeptics, there is a good chance that it will rally, there are some things going on in the US which may cause the rally to go even further. I am not selling my dollars if it goes down, I might even buy more US dollars, but longer term the US dollars may be in terrible-terrible shape. It is a very flowed currency; I do not plan to own the US dollar 5-10 years from now at all and may be sooner. ..."


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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