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%.

Tuesday, April 20, 2010

Jim Rogers we should Abolish The Central Banks

Jim Rogers : I do not know if I will enter Paradise , ask me in 50 years

Investment guru Jim Rogers in Milan Italy interviewed by the Italian news paper corriere della sera when asked what he would do if he was asked to rewrite the rules , he answered "I will abolish the central Banks" the central banks always make the crisis worse , in America the FED with its zero interest rates policy have created bubble after bubble ...in Japan the interventions of the Japanese central Bank have caused such a damage that today the Japanese market is worth 75% less than what it was worth in the last ten fifteen years says Jim Rogers , Capitalism should be left to do its job and the ones that should fail should be left to fail , Jim Rogers gives the example of South Korea after two years of deep crisis is now one of the best performing economies the same thing could be said for Russia and Turkey ...Jim Rogers then warns about a coming inflation ....




Jim Rogers president of Rogers Holdings is a successful hedge fund manager, investor, writer and regular media commentator. In the 1970's he co-founded with George Soros the Quantum Fund, a private investment partnership which invested in commodity futures, among other investment vehicles, and experienced superior returns over 10 years. former partner and co-founder of the Quantum Fund, and a truly legendary international investor who helped generate a 4,200% total return over a 10-year period .Jim Rogers is always bullish on Asia Commodities Agricultural Products gold and silver . Rogers has been chronicled in John Train's “Money Masters of Our Time”, Jack Schwager's “Market Wizards” and other books. He is the author of several books on investing and the market, and in December of 2004 published “Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market”. Jim Rogers once said about investing in commodities :"Investing in commodities can be a hedge against a bear market in stocks, rampant inflation, even a major downturn in the economy. In fact, I believe that investing in commodities will represent an enormous opportunity for the next decade or so.”
Jim Rogers Commodity Index Rogers International Commodity TRAKRS , trades on the Chicago Mercantile Exchange under the ticker symbol RCI. The RCI represents the U.S. dollar value of a basket of 35 commodities consumed in the global economy both in developed and emerging markets


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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