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, February 13, 2010
Mish Shedlock China is the biggest Bubble in History
Mish Shedlock believes that China is a bubble ready to burst , Mish was interviewed by Max Keiser , Mish in particular believes that it is not a good sign that China keeps on producing consumer goods in a time when all signs from the markets in particular the develloped world indicated a reduction in consumption and in imports , Mish believes that everybody is betting on Renmenbi to rise , particularly the hedge funds which are holding billions of dollars and are waiting for the Yuan to rise so that they can exports their money back into US dollar ...it is a crash scenario ready to happen according to Mish...
Labels:Jim Rogers
Mish Shedlock
China and the Rio Tinto Detentions
STRATFOR analyst Jennifer Richmond discusses the wider impacts of China's decision to indict four Rio Tinto employees - including an Australian citizen -- on charges of bribery and theft of commercial secrets.
Labels:Jim Rogers
Rio Tinto
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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 "