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%.
"America has had three central banks in our history. The first two disappeared. This one will too, because they keep leveraging up the balance sheet. They keep making mistake after mistake. They keep printing money. - in moneynews
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%.
Countries without central banks can have problems too, don`t get me wrong. It`s just that this central bank (the Federal Reserve) is going to make our problems worse in the end. We would be better off without a central bank, than this central bank, even with the problems of no central bank.
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%.
"Eventually, the whole world will collapse. We in the West have staggering debts. The U.S. is the largest debtor nation in the history of the world. Central bank easing is artificially propping up global economies now. This isn't going to last. When it ends, the bull market in commodities will probably end too, but the bull market in a lot of stuff will end." - in CBC
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%.
It`s absolute insanity what is going on. It`s not just the Fed, it`s central banks, it`s the first time in recorded history that all major central banks are printing printing a lot of money, trying to debase their currencies. The world is floating around on a huge artificial sea of liquidity. It`s going to dry up and when it dries up, we are all going to pay the price for this madness.
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 "
