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%.

Friday, November 25, 2011

Jim Rogers Interview with China Money Podcast 25 Nov 2011

Legendary Investor Jim Rogers on the phone this time from Tokyo Japan is being interviewed by China Money Podcast about China economy outlook and the overall global economic situation in China America Asia and the World : "I don't see a resumption of the bull market in many places in the world until we have the next economic problems in the US, which will be fairly soon," Jim Rogers says ."If someone called up the American government, and went into the press everyday and said to America this is what you have to do with your currency, America would be furious. America would be shrieking, yelling and probably dropping bombs on that country," says Rogers.

The Renminbi will go massively higher over the next few decades

Jim Rogers : "The Renminbi will go massively higher over the next few decades," says legendary Investor Jim Rogers,

who rolls out that China is manipulating its currency "Manipulation is the wrong world. (China) has a managed float. Once the Chinese currency is freely convertible and freely traded, you are going to have a lot of people leaving the U.S. dollar and going into the RMB. Then the U.S. is going to lose its status as the world's reserve currency." - in China NewsWire

China Property Market has a price bubble,not a Credit bubble

Jim Rogers : "China's property market has a price bubble, but not a credit bubble the US had," - in china newswire

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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