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, February 13, 2012

Jim Rogers : I see shortages of commodities and natural resources coming

Jim Rogers : “Right now, the U.S. and Europe are the largest economies in the world. If and when the U.S. and Europe have problems, everyone is going to have problems, it doesn't matter if you’re a creditor and doing everything right or not, you’re going to have problems and so are they. But they are trying to re-orient. Asian countries are going around the world buying up plantations, buying up oil fields, buying up natural resources. I see shortages of commodities and natural resources coming and apparently they do too. China is making their currency more international so they can stop using the U.S. dollar when they’re ready to. Japan does most of its trade with Asia now [instead of the U.S.].”




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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