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, July 18, 2011

The 30 Years US bond market bull market will come to an end soon

Jim Rogers : " ...Interest rates in the United States are very very low , I cannot conceive how anybody would be lending money to the United States for thirty years at 3 or 4 or 5 or 6 percent interest in US Dollars , the dollar is a terribly flawed currency , the US government is the largest debtor nation in the history of the world , no I cannot conceive that , it does not mean there cannot be rallies but the US bond market has been rallying for thirty years it has been going up for thirty years that's another reason they sell it , that thirty year bull market I think it is going to come to an end sometime in the foreseeable future " - in Reuters








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%.

I do not like shorting things that are down I like shorting things that are up

" they (The European Banks ) are down , they are down too much , I do not like shorting things that are down I like shorting things that are up , and the bigger American bank that I shorted was near its all time high so I shorted it , but I have other shorts as well " Jim Rogers in Reuters interview 13 July 2011



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%.

El-Erian : Default is off the table

Mohamed El-Erian PIMCO CEO/co-CIO. :" I think unlike what he said on banks and on Europe he didn't add much on the debt ceiling issue. it's important to reiterate that default is off the table. it's not enough to just say that. this is a market that's facing a lot of uncertainties both domestically and globally. there is underlying deleveraging tendencies. we need a more proactive approach at this point. we need a vision as to how it is that we can both avoid default and avoid a downgrade. that didn't happen today. that's why the market reaction has been, well, he didn't really say much"




Jim Rogers : My assets are mainly in commodities and currencies

Where Does Jim Rogers Invest? : "My assets are mainly in commodities and currencies, and my shorts are emerging markets and American technology," Jim Rogers, CEO and Chairman of Rogers Holdings, told CNBC.on July 11th 2011 "I'm short one large American international bank, I 'am short American government (long term) bonds... I'm a simple person."



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 "
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