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
The M2 numbers jumped up
Jim Rogers : It’s just a royal disaster. I mean you can’t say there’s no QE3. There is. As soon as he announced he was going to keep interest rates low, how do you think he’s going to do that? He has to go into the market. He can’t just say the words. The M2 numbers started the week he said it and the M2 numbers just jumped up. As soon as he said they’re going to keep interest rates low. You’ve got to go into the market. You can’t just say the words.- 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 "