Jim Rogers : [Crude Oil Price] depends on what happens in the world. As I said if Spain goes bankrupt, the oil would go to 50. If Iran and Israel go to war tomorrow, it would to go 200 straightaway. It depends on what happens in current events looking around the world, but basically the shortage of crude oil gets worse and worse and the price is going to go much higher.- 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 "