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, November 9, 2011
Gold would certainly go to 2000
Jim Rogers : I own gold. I have not sold any gold. I bought some more a week or two ago when it was down. When gold goes down, I try to act and buy more. If it goes down a lot, I would hope I would buy a lot more. Gold would certainly go to 2000. I do not know when it is going to go to 2000, but I know it certainly would during this decade. Whether it's an asset class or a safe haven is irrelevant, the fact that I own it is because I want it. The price would go higher.
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 "