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, April 30, 2012

Jim Rogers: The Fed Should let The Market determine Interest Rates

Jim Rogers explains Why the Fed is wrong , Legendary international investor Jim Rogers lashes out against the Fed and its recent economic strategies. ""What they are doing now is rewarding the people who are the spending thrifts who made serious mistakes at the expense of the savers and investors; this is not good for America. And it's the Federal Reserve that is doing it. So I hope, I hope that there are people in the Federal Reserve who know that they should let the market determine interest rates and they should stop manipulating the currency, the markets the interest rates and everything else." " says Jim Rogers

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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