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%.

Wednesday, January 4, 2012

The Canadian Dollar one of the best currencies

Jim Rogers told CNBC Europe today that he believes that the Canadian dollar is "one of the best currencies around." - in CNBC
Click here to watch the full interview>>>>>>>

Jim Rogers still Bullish on the US Dollar for 2012

Jim Rogers : "The US Dollars believe it or not , I still own some US Dollars that I bought a year or so ago , with currency turmoil Tara many people flock to the US Dollar it's not the right thing to do if you ask me but they do not know any better , so I own US Dollars , it's a horribly flawed currency , if it continues to rally which I hope it does I suspect it will somewhere along the line in the next month or year or two I have to sell my US dollars but that's the other place I anyway I am thinking of buying more of " - in Reuters Insider
Click Here to Watch the Full Interview>>>>>>

Jim Rogers Reuters Insider Interview - 03 Jan 2012

Jim Rogers is bullish on the Euro for 2012 : "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 told Reuters Insider

Buy the Euro & the Swiss Franc in 2012

Jim Rogers : " well Jeff I sold some Euros a few weeks ago , I still have many of the Euros and I am actually thinking of buying more , I read somewhere may be on CNBC that there is a huge short position now that the hedge funds are all short the Euro so I am kind of feeling buying more , I have not yet but I am certainly not selling "

"I suspect that Merkel and that crowd are going to do something to make us feel better, remember the French have an election this year and I think they would like to win the election, so I suspect you are going to see things coming out of governments for the euro." Jim Rogers explains

" Well I own the Swiss franc Jeff I actually own more of the Swiss franc than I own the Euro I am actually thinking about buying the Swiss franc even more seriously than the Euro , because the Swiss said we are not going to let the swiss franc go up anymore they knocked down for a while but In my experience in currency markets, the markets have more money than any central bank, and if I am right there are going to be a lot of currency turmoil in 2012 and people are going to be looking for safe heavens and the safe heavens they are looking for are the Swiss franc the Yen and the US Dollar , the US Dollar is not a safe heaven I am not even sure the Yen is but I am thinking about buying more Swiss francs because the markets have more money than they do ”


2013 will be a horrible year compared to 2012

Jim Rogers : well I suspect that Merckel and that crowd are going to do something to make us feel better , remember the french have an election this year and I think they like to win the election so , I suspect we are going to see a lot of things coming out of the governments for the Euro , by the way Jeff there are I think 40 elections in 2012 around the world , they are going to see a lot of distortions in a lot of markets because there are a lot of government that are going to be spending huge amounts of money and printing a lot of money " " that's a strengthening of the markets for a while it is a horrible mistake " Jim Rogers explains - in CNBC
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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