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%.

Monday, December 12, 2011

Jim Rogers : MF Global is causing forced liquidation in commodities right now


Jim Rogers Interview with Bullmarketthinking - 10 December 2011 : Legendary investor Jim Rogers speaks about the MF Global debacle , “MF Global is causing forced liquidation right now, so it has an effect on the commodities market , longer term I am sure people will forget it we got to trade wheat we got to trade oil so longer term so In the longer term I suspect there will be like many other disasters in markets, it will be a blip an unfortunate blip.” Jim Rogers says , and he explains that he believes that MF Global scandal will help Push Commodities Business Away from Chicago and Towards Asia "This event will be another push to move commodities business away from Chicago and towards Asia.” Rogers explained

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 "
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