- “The 31-year bull market [in Treasuries] is coming to an end. However, I said that last year so my timing is not good.” [Are Treasury Bond ETFs Bubblicious?]
- “I cannot conceive of lending money to the U.S. government for 30 years.” Yields on the 30-year Treasury bond are trading around 2.7%.
- “If debt continues to rise and money printing comes back stronger, bonds will be a terrible place to be.”
- “I’m absolutely convinced we’ll see higher interest rates. Of course, I was convinced of that last year but rates went down. Bubbles always go longer than most people expect and higher than people expect. That’s the definition of a bubble. I have no idea how much longer it will last but I’m not playing.”
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%.