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, May 24, 2010

China under pressure to let yuan appreciate

May 23, 2010Hillary Clinton, the US secretary of state, and Timothy Geitner, the US treasury secretary, are meeting Hu Jintao, China's president, to discuss a variety of issues to ease tensions in the region, and improve ties between the two powers.

One of the big issues on the table is currency reform. Hu has said China will stick to its plan of allowing the yuan exchange rates to gradually liberalise.


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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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