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%.

Monday, April 12, 2010

Boao Forum Offers Little Insight on China Yuan Policy

Boao Forum Offers Little Insight on China Yuan Policy

April 12 (Bloomberg) -- Bloomberg's Stephen Engle reports from the Boao Forum for Asia in Hainan, China about the outlook for China's currency policy. Former U.S. Treasury Secretary Henry Paulson said April 10 an appreciation of the yuan benefits China as it would give the government a "valuable" tool for controlling inflation in the worlds fastest-growing major economy. (Source: Bloomberg)


No comments:

Post a Comment

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 "
Related Posts Plugin for WordPress, Blogger...