Jim Rogers : " QE2 will end with higher interest rates higher inflation lower US Dollar , currency turmoil , it's going to end very badly for all of us , I mean it's a disaster what they are doing , the good news is that they are making so many mistakes that they are ultimately will lead to the demise of the Federal Reserve and we'll finally going to get rid of the central bank at the united states "
in Yahoo Finance
.Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%.
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Monday, March 28, 2011
This Commodities Bull Market is going to last at least 15 or 20 years
Jim Rogers : I’ve been trying to explain to people for a long time what’s going on, but for some reason nobody listens.
Normally at this stage of the commodity bull market you would expect new capacity to be coming on stream. The problem of course is that in 2008 and 2009 everybody got hit. So, many of the people who were thinking about adding capacity have pulled back, canceled, delayed, rescheduled, etc. Fortunately or unfortunately, the supply side of the equation seems to be getting worse not better.
Previous bull markets have lasted 15 or 20 years. This one’s going to last at least that long if not longer.
in wallstcheatsheet.com.
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%.
Normally at this stage of the commodity bull market you would expect new capacity to be coming on stream. The problem of course is that in 2008 and 2009 everybody got hit. So, many of the people who were thinking about adding capacity have pulled back, canceled, delayed, rescheduled, etc. Fortunately or unfortunately, the supply side of the equation seems to be getting worse not better.
Previous bull markets have lasted 15 or 20 years. This one’s going to last at least that long if not longer.
in wallstcheatsheet.com.
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%.
A Correction in Commodities Bull Market ?
"I have no idea. Cotton has gone up very far, very fast; but, given it was down for thirty years you might not think it’s gone up so much on any kind of compounded rate.
There are always corrections — nothing goes straight up. So, there’s nothing unusual about corrections. You can go back to any bull market and you’ll see there’s a range between the high and low for any stock during the bull market. There’s about a 40% range between the top and the bottom. That’s the same for commodities.
I have no idea when or what will cause the corrections, but I sure know they’re coming. They always have and they always will."
in wallstcheatsheet.com
There are always corrections — nothing goes straight up. So, there’s nothing unusual about corrections. You can go back to any bull market and you’ll see there’s a range between the high and low for any stock during the bull market. There’s about a 40% range between the top and the bottom. That’s the same for commodities.
I have no idea when or what will cause the corrections, but I sure know they’re coming. They always have and they always will."
in wallstcheatsheet.com
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