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%.

Saturday, October 3, 2009

China Will Float Yuan Soon Jim Rogers

The best way to invest in China is to buy Chinese companies, rather than buying companies outside China that sell there says Investor Jim Rogers


China was saving a lot of money for rainy days , and it is raining now
"China saved up huge reserves for a rainy day, now it's raining and they're spending those reserves," Rogers said.

"You contrast that with the UK or the US for instance which has no reserves, has nothing but huge debts and they're borrowing, or printing, or taxing to spend their money… I'd rather be in the East than in the West."















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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 "
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