Jim Rogers : “In my view gold could go to $1.200-1,300 (an ounce). Gold has been up 11 years in a row which is extremely unusual in any financial asset, so gold is overdue for a correction.”
“I own the euro just because there are so many people bearish and so many shorts in the euro. I do suspect that the euro will survive, in one form or another.” he added - via 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%.
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 "