Jim Rogers :"...what you have to do is you have to find things that will protect your assets real assets silver rice natural gas something that will hold its value in an inflationary time , ......."....I do it two ways , I own gold and silver coins in my hand in my house in my box , I also own gold and silver futures that's another way to do it , or rice futures you can do it by buying futures if you know what's you are doing be careful always be careful..."... "Of course that's one of the best times , first of all be sure you do your homework for goodness sake do your homework , just because you see somebody on TV saying buy silver , do not do it until you know a lot about silver , but if you do your homework and you see that things are gonna be good for silver on days that silver goes down you buy yourself some silver , do not buy when it's going up , you buy when it's going down ..." " I own both , silver is 40% below its all time high Gold is making all time highs between the two , be sure you understand I own both , I think you will make more on silver going forward ....it is cheaper historically...." Bernanke he does not understand finance economics currencies all he understands is printing money and now we have giving him the printing presses he has run those printing presses as fast as he can ..."
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, February 8, 2011
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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 "
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