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%.
Thursday, January 9, 2014
India Is Blaming Gold For Their Problems
“They've got a huge balance of trade deficit and the three largest parts are oil, gold and cooking oil. They cannot do anything about oil or cooking oil, so they're attacking gold, blaming their problems on gold. Gold has not caused their problems, gold is a symptom of their problems, but politicians are pretty simple-minded people and they look for the easy answer.” - in Mineweb
The Federal Reserve Is In A Terrible Box
“The US went up because people said, 'Now it's done, we don't have to
worry anymore.' But somewhere along the line, markets are going to start
suffering. They'll taper until the markets start hurting and then
they'll panic and loosen up again. They've got themselves in a terrible
box.” - in Mineweb
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%.
How Bernanke Will Be Remembered
"Bernanke will be remembered as the guy who set the stage for the demise
of the Central Bank in America. We've had three central banks in
America. The first two disappeared. This one's going to disappear too in
the next decade.” - in Mineweb
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%.
Labels:Jim Rogers
Bernanke
Money Printing Will Kill Japan
“The Japanese Central Bank has said that it will print unlimited amounts
of money. That's their word and they're doing it. When people look back
20 years from now they'll say that's what killed Japan, but in the
meantime, all the staggering, unlimited amounts of money have got to go
somewhere and it's going to go into Japanese shares.” - in Mineweb
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%.
Labels:Jim Rogers
Japan,
Money Printing
Eventually The Markets Will Say "Enough"
“The US went up because people said, 'Now it's done, we don't have to
worry anymore.' But somewhere along the line, markets are going to start
suffering. They'll taper until the markets start hurting and then
they'll panic and loosen up again. They've got themselves in a terrible
box.
It will turn into a bubble or a very inflated situation, but eventually
the markets will say, we're not going to take your garbage anymore,
whether it's treasury bonds or currency.”
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%.
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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 "