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, October 3, 2011
Gold can trade at over 10,000 But not this year
Jim Rogers : Yeah. It might go down 50%. But if it does, I’m smart enough to buy more, sure. But gold has already gone up a fair amount. As you know, as I said, it’s ten years in a row. Gold back in the ‘70s has not gone up ten years in a row. It has only gone up two years, three years, four years max. So things are all a little bit different now than what they were then. Can gold trade at over 10,000? Of course it can and it might. But not this year. - In Goldseek Radio
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 "