Jim Rogers: Justin, the price of oil is going to make new highs. It will go over $150 a barrel. It will probably go over $200 a barrel.
in www.bbc.co.uk
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%.
Saturday, March 12, 2011
Jim Rogers: Theres no such thing as a sound currency anymore
Commodities legend wall street king and famed global investor Jim Rogers owns the Swiss franc, but he doesn't believe there is such a thing as a sound currency anymore , all currencies are FIAT currencies worth the paper they were printed on . In today's world, sound currencies don't exist anymore.
Labels:Jim Rogers
Currencies,
Swiss franc
Jim Rogers : the surprise is going to be how high the price of oil stays and how high it goes
Jim Rogers : Well, the surprise is going to be how high the price of oil stays and how high it goes, because Justin we have had no major elephant oil discoveries in over 40 years. The International Energy Agency is going around the world pleading with people to listen. Known reserves of oil are declining. It is not good news. Unless somebody discovers a lot of oil very quickly, prices are going to go much higher over the next decade.
in www.bbc.co.uk
in www.bbc.co.uk
Labels:Jim Rogers
Oil
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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 "