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, October 4, 2011
If the US dollar goes confetti there is no top for Gold
Jim Rogers : I have no idea. Gold will move into bubble eventually. All long-term bull markets in every asset wind up in a bubble at the end. So I don’t know. I guess it’ll depend on the bubble. I mean if the US dollar goes confetti there is no top. It depends on how the bubble develops. I fully expect a bubble. Not for a few years but all bubbles look the same. And I hope I’ll be smart enough to recognize the bubble when it comes. - 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 "