We need nuclear whether we like it or not : Jim Rogers

Jim Rogers Chairman of Rogers Holdings :" for a while it's going to increase the demand for natural gas because nuclear energy is under a cloud people are suspicious of it , what I think is going on now it is going to be in a year or two or five but eventually we need nuclear power we need something to replace oil and gas and coal , we need to replace coal , people are gonna come up with much safer nuclear power plants then we will start all over again , I would suspect that's normal how these things work , unless we will find out something to replace oil and gas we got have nuclear whether we like it or not " “The price of oil is going to go much higher Christine over the next decade, the world is running out of known reserves of oil that's why we need something to replace oil and gas we need nuclear whether we like it or not , if you're not gonna have the nuclear then the price of oil are going to go as high you pick the number it's going to go beyond even my wildest dreams and I am bullish ”



.Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%.