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, May 22, 2013

Jim Rogers : Steep Slide in Japan’s Yen is Very, Very Dangerous




“[Abenomics] has made the stock market go up quite a lot, it’s been dramatic, but it’s made the currency collapse,” legendary investor Jim Rogers, says in the attached video.“The [Yen], which is one of the major currencies of the world, has collapsed 27% in no time,” Rogers notes. “It’s a very, very dangerous move.”Since the Yen blasted through 100 parity level with the U.S. dollar, its slide has continued to a new 4-1/2 year low.

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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