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, March 23, 2011

Jim Rogers : Massive Opportunities in Japan

Jim Rogers, commodity king and chairman of Singapore-based Rogers Holdings spoke with Yahoo Finance last week from Singapore about the massive opportunities that the Japan earthquake offers for investors ..."With Catastrophes come opportunities" Famed investor Jim Rogers told Yahoo Finance "The Yen is coming home to roast " Jim Rogetrs explains why he is longing the Yen one of his largest currencies


Jim Rogers :"...I am in Asia now and in Asia as you all know there is the yen , and the yen whenever there is a catastrophe there are also massive opportunities so , yes I am gearing up to do something , so far I am doing nothing except watching ..."
and Jim Rogers speaks about his outlook for the Japanese currency the Yen :"...I have owned a lot of yen , that's been one of my largest currency if not the largest so aim very pleased seeing it strengthen , the massive amount of Yen outside of Japan which have to come back now whether it's insurance money or individuals money or whatever it is , a lot of money is got come back into Japan , that's why I was long the yen before I did not do it because of this earth quake , and now it is coming home to roast "
"if the problems keep going I am gonna have to do something " Jim Rogers explains " longer term japan has huge problems including a perspective money printing machine coming out of the bank of Japan , " " I think I am gonna have to sell my Yens sometime in the next week month year I do not know , certainly it's not going on for ever ..."
the above partial transcript was done manually by the owner of this blog so it is far from being perfect , use at your own risk...
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 "
Related Posts Plugin for WordPress, Blogger...