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, June 1, 2012

Jim Rogers : once Shanghai opens up as a financial center It will be all over for the West

Jim Rogers : "Once you have free flow of capital, a transparent system and not just the full convertibility of the Chinese currency but the freedom to buy Chinese shares and commodities, then it is all over for the West,"
"The financial centers of the world would move to China. It is not going to happen in an afternoon but everywhere else would be finished."
"This is 2012, it doesn't take people long to work out how to do this. All it requires is an Internet connection, a telephone, computers and a few people who can spell derivatives. Anyone could set up tomorrow," says Jim Rogers Speaking from Oxford on a visit to Balliol College, where he attended university - via chinadaily
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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