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%.
Sunday, November 20, 2011
The Renminbi to replace the US dollar if it becomes convertible
Jim Rogers : The renminbi, China's currency, will be the only possible currency to replace the US dollar but it needs to be convertible Jim Rogers said in a keynote speech at the summit forum on the capital market on November 17th during the The 6-day China Hi-Tech Fair 2011 on the topic "Opportunities and Challenges in the Capital Market of China and the World".
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 "