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%.

Sunday, July 29, 2012

Bonds are in a Bubble that could become Absurd

Jim Rogers: I shorted Treasury bonds again a little while ago, and my timing has never been very good in that market. I’m down a little bit, not much. It’s going to be a bubble. But like all bubbles, they go much higher than anybody expects; certainly higher than anybody rationally expects. You shouldn’t ask me for the timing; I can’t tell you it’s a bubble. That doesn’t mean it can’t go higher. Between the fall of ’98 and the spring of 2000, in 18 months, Nasdaq tripled, even though it was clear to anybody around that it was mania and a bubble. But that’s what happens in bubbles. They become absurd. And this one, it looks like it’s going to continue to become absurd, too. - in Seekingalpha

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%.

Agriculture, on a historic basis, is very Depressed

Jim Rogers: I guess it would probably be something in agriculture, because agriculture, on a historic basis, is very, very depressed. Over the past 38 years sugar — and I’m not suggesting you buy sugar, I’m using this as an indication — is down 70 percent, I believe, from its all-time high. Well, there’s not much that’s down 70 percent in price since 1974, 37-38 years ago. But sugar is one of those things. So agriculture is where the opportunities are. And let’s see what’s down the most, rather than what’s up the most, as a place to start. - in seeking alpha

 
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%.
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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