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%.

Thursday, June 27, 2013

Jim Rogers : The Money Printing Bubble will burst and will cause a lot of pain across the Globe


Jim Rogers : Most central banks have injected too much liquidity, which is not sustainable. (Fed chief Ben) Bernanke has said he is going to keep pumping in money and keep interest rates down until 2015. I don't know how it will last beyond this year.

But if Bernanke is determined to continue with it and other central banks in Japan and Europe will also follow suit, I feel it is the market that won't allow this to happen. I think the bubble will burst and will cause a lot of pain across the globe. It's not going to go on for a long time, and once it's over, it will be very painful for a lot of people. The bond prices will also go down despite the central banks' intervention. - in business-standard


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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