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, June 8, 2010

China workers demanding higher pay

Workers seeking more pay changing China's economic landscape


June 08, 2010China has long been known as the factory floor of the world, with its huge pool of low-waged workers.

But a new generation of workers is changing that landscape, demanding higher pay and better working conditions.

Workers at a Honda plant in southern China successfully staged a pay strike recently, in a possible sign of things to come for the economy.

Al Jazeera's Harry Fawcett examines what that might mean for the country's future growth. (June 09, 2010)

Jim Rogers : Be long on commodities and short on stocks

 Jim Rogers
Jim Rogers, Chairman, Rogers Holdings in an interview with ET Now talks about emerging markets, commodities as a space, Chinese property bubble and the expected economic slowdown. ( Watch )

Let’s start of with gold first because gold is back clearly at new highs. Where do you see it moving from here and more importantly, what are the factors right now dominating this move? Do you think it is a safe haven buying or it is the dollar movement or the Eurozone crisis which is still playing out?

It is all of the above. People in times of crisis frequently throughout history have looked for gold, not always but sometimes and that seems to be what is going on now. You have central banks which used to sell gold are now buying gold and you have massive amounts of people around the world clutching for gold, paper money everywhere is suspect, paper money everywhere is being debased.
Watch the Interview >>>
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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