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 10, 2010

Jim Rogers Silver is Better Investment than Gold

Jim Rogers Says Yuan Revaluation A Question of Timing May 10 Bloomberg






Jim Rogers : It is usually better to be on the other side of gigantic short position ,like the one happening on the Euro right now so Jim Rogers is longing the Euro hoping for a rally soon if Europe will come up with some kind of solution to the Greece and other PIIGS nations sovereign debt crisis , although Jim Rogers does not believe that the Euro as such will survive for the coming ten to fifteen years , Europe is doing nothing to solve its debt problems noted Jim Rogers , the debt of most 'sovereign' nations of Europe continues to pile up including that of Greece , even with the announced austerity plan that they announced they just hope to reduce the debt , "The idea that you can resolve a problem of too much debt and too much consumption with more debt and more consumption defies belief" says Jim Rogers chairman of rogers holding , Jim Rogers believes that the stock market will continue to correct for a while cause it have rallied for 13 to 14 months in a row with essentially no correction at all so it is time for a correction , the market will find a reason to correct whether it is Greece or who knows what the market will continue to correct for a while says Jim Rogers ...

May 10 (Bloomberg) -- Jim Rogers, chairman of Rogers Holdings, talks with Bloomberg's Susan Li about China's currency policy. Rogers, speaking from Singapore, also discusses the prospects for a bailout of Greece, the outlook for the euro, and his investment strategy for global stocks and commodities. Rogers spoke before Portuguese Finance Minister Fernando Teixeira dos Santos said the International Monetary Fund will contribute up to 220 billion euros for the European stabilization fund. (Source: Bloomberg)

Inflation Rising in China

Rising China Inflation Drive Mainland Shoppers to Hong Kong


May 10 (Bloomberg) -- Bloomberg's Zeb Eckert reports on how rising inflation in China is encouraging mainland consumers to visit Hong Kong to spend. Chinas consumer prices may have climbed 2.7 percent, matching a 16-month high. Producer prices may have climbed the most in 18 months in April on rising costs of imported goods, adding to signs that the countrys fixed exchange rate is stoking inflation. The statistics bureau releases April data tomorrow in Beijing. (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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