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%.
Wednesday, October 5, 2011
China could stop buying American Government Bonds
Jim Rogers : the Chinese have various weapons at their disposal , they could stop buying American government bonds , they could sell American government bonds if they did that interest rates in America will go through the roof , the value of the US Dollar will go down a lot , perhaps a lot or at least a little this would not be good for anybody including for China ....but what happens Laura is whenever people get slapped in the face they always think they have to slap back ...- in RT America
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 "