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, August 4, 2013

Jim Rogers Optimistic About Agriculture

Unless the price of agricultural goods goes up a lot, we are not going to have any farmers at any price. Something has to attract people into the agricultural business and the only thing that will is higher profitability and that means higher prices whether we like it or not. I cannot tell you how optimistic I am about agriculture going forward.
 - in a recent interview with The Prospect Group , Click here to watch the full interview >>>>>>>>
 
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: Bubbles can go on and on. Hard to tell when it pops


Fusion: Over the last six weeks, the action in the emerging markets fixed income market has been scary. Many believe this started when the Fed hinted at tapering QE. Up until now, the Fed’s ZIRP and infinite QE policies have investors chasing higher overseas yields.  But that seems to be reversing, and liquidity is coming out of emerging markets the last 4 weeks. What is your take on this ?

Jim Rogers: As I said, bond markets worldwide are in a bubble for the reasons you just stated. Bubbles can go on and on. Hard to tell when it pops. But at some point markets won’t take central bank policies anymore, and interest rates go up regardless of how much bond buying they do. Market timing is tough. As for the fix income market, I’m short  junk bonds. In any market, the marginal stuff goes first. This could precede problems with sovereign debt.



JIM ROGERS

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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