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, December 28, 2011
Gold could go lower in 2012
Jim Rogers : Well, I own gold. I wouldn´t buy gold right now. Gold has been up 11 years in a row, which is very, very unusual for any asset class. So it´s in the process of correcting at the moment. I would expect this direction to go on for a while, and I would expect that there will be chances to buy gold lower in 2012. - in Eleconomista
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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 "