Q : Do you think it is the right time now to switch out of nonferrous metals and buy ferrous metals? Jim Rogers : I do not really pay too much attention. There is no futures market. Most of the commodities, all the commodities that I get involved with, have futures markets. I am vaguely aware what's going on in iron ore and steel, but I do not pay that much attention. - in ET Now
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 "