Jim Rogers Money News Interview 9 27 2012 " ...If Spain goes bankrupt out of the blue everything goes down for a while and there will be consolidations around the way , but yes they're gonna print more money , Kathleen either the world economy is going to get better and commodity is going to go up because of shortages or they're going to print more money and throughout history when they printed a lot of money you protect yourself by owning real assets ....
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%.
Chinese central bank is also printing money. China have 7 mints, all of which are printing money 24hrs at full capacity. Is RMB a good investment?
ReplyDeleteLearning from history, when the dictatorship coutries held Olympic games, they will rubble down in 9 years. Germany, Soviet, Bosnia, Korea..I will see what it will be in 2017.