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%.

Friday, July 26, 2013

GOLD : could fall to $900 an ounce, we have not had the final bottom yet


 Jim Rogers : “Gold has gone up 12 years in a row, which is terribly unusual for any asset, so it would be an anomaly if there was not a correction.”Rogers believes the correction should be around 50% of the peak (which was $1,950 in September 2011), which is where he gets his $900 figure from.“I fully expect the bull market to end in a bubble some day, and some day is not here yet,”“if it falls or if it gets down [to $900], then I hope I will be smart enough to buy more.”I don’t think in a recent The Financial Times interview
JIM ROGERS
we’ve had the final bottom in gold but we must be nearing it in sugar. Sugar is down 75% from its all-time high – there’s not much in the world that is down 75%.” -



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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