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%.

Saturday, April 20, 2013

4 Key Forces Fueling The Current Gold Sell-Off



Four key forces fueling the current gold sell-off:

1. India raised its gold import tax from 4% to 6%, which has limited the demand for gold in the world’s largest market for the metal.

2. Technical analysts and chartists have been arguing that prices would fall.

3. The collapse of the Bitcoin over the past two weeks coincides with many of the digital currency’s owners also owning gold.

4. Finally, Rogers believes Germany’s demand that Cyprus sell part of its holdings in gold to alleviate debt concerns added to the sell-off.

- in Business Insider


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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