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, September 12, 2011

The Swiss did a terrible mistake

Jim Rogers :  ....No central bank in the world has ever been able to control its currency in the long run. many countries have tried, David, but the market always has more. the British tried it 15 or 20 years ago. everybody has tried it. but in the end the market has more money. the Swiss will have two things happen. one, they will drive their currency down so much that they will no longer be a financial center, or it will go up again and they will lose money on all the currencies they're buying. this is a terrible mistake. the way you sort things out is you let the market take its course, the cure for high prices is high prices. that's how you sort things out. - in CNBC - 09 Sept 2011




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%.
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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