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, June 8, 2013

Jim Rogers on the Yen devaluation effects

The Koreans have huge problems. The currency[Japanese Yen] is down 26, 27 percent. The Germans are starting to be affected, because the Germans are huge export country. This is going to have serious ramifications. In the financial markets somebody is on the wrong side. I don't know who, so they are getting killed. Other people trading against Japan are having problems. Inflation is coming back strongly in Japan. Its not going to be fun in the end. Mr Abe doesn't care, he wants to win the election this summer.

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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