Jim Rogers : “I expect a lot more turmoil in currencies. That’s not something most people have paid attention to. Those days are over -- it’s going to change everything.” He said he owns U.S. dollars because, “during periods of turmoil many people flee to the dollar. But it’s a terribly flawed currency. It’s the most flawed of all of them.” “The bull market in commodities still has a long way to go,” “There will be a bubble, but the bubble is still a long way away.” Jim Rogers said in an interview yesterday before giving a speech to the CFA Society of Atlanta.
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%.
