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%.

Friday, April 23, 2010

Jim Rogers : More bad news to follow Greece debacle

April 22, 2010 Jim Rogers feels that it is right for Greece to go bankrupt. They should let it happen to clean up the system. According to him, the way to solve this debt problem is not with more debt. The idea that you would solve a problem of too much debt and too much consumption with more debt and more consumptionM-^Wthat defies comprehension.



3G Users in China Hit 18 Million

April 22, 2010 China says 3G users tops 18 million, a 36% increase from the last quarter. China Mobile claims 43% of the users followed by China Telecom and China Unicom.



Yuan Appreciation to Create Winners, Losers Worldwide

April 23 (Bloomberg) -- Bloomberg's Poppy Trowbridge reports on calls for China to allow its currency to appreciate, and how a stronger yuan might affect businesses worldwide. Speculation that China may revalue its currency escalated this month after U.S. Treasury Secretary Timothy F. Geithner delayed a report addressing Chinas exchange rate and made an unscheduled visit to Beijing. The International Monetary Fund this week urged China to let the yuan gain to cool growth and said the currency remains substantially undervalued. (Source: Bloomberg)


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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