The Market looks ahead, not backwards

Jim Rogers: I do not think the market is. The market already discounts what is going to happen in the future. The market looks ahead, not backwards. The only changes I will make would be to sell short more long-term government bonds and buy more levels and more agriculture because it is going to be more money printing, more deficit spending, which is not good for the world. - in ET Now



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 Commodity Index is such that crude's price will stay higher than most people expect and also it will go very high

Jim Rogers: Well, I am going to buy more commodities and the commodity index is such that crude's price will stay higher than most people expect and also it will go very high. If in the next year or two, there is a big shock like Spain going bankrupt or something strange happening, then everything will go down for a while, but in the meantime there is going to be more money printing. So I am going to buy more commodities.- in ET Now

 

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%.