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%.
Commodities: The Bull Market Is Still Intact
Well, I don't see the end in sight—yet. Conceivably, the world economy
is going to collapse sometime in the next decade. And if that happens,
needless to say, then central banks are going to print even more money.
It's the wrong thing to do, but commodities will benefit and be a better
place to invest than stocks, or certainly better than bonds if that
happens.
On a historic basis, we're maybe two-thirds of the way through the
commodity bull market. Normally, eight, nine, 10 years into any bull
market in anything, you start to see more supply come in. But what
happened in 2008 and 2009 means there is a lot of potential capacity or
supply that's been deferred or delayed. So we don't have as much supply
coming as we normally would in this stage of the bull market.
So this bull market might last longer than most. But again, there's no
reason for me to determine that yet. The bull market is still intact. I
hope I'll be smart enough to recognize that a lot of capacity and a lot
of supply is coming in, because that will be the end of the bull
market. But that's still years away. - in Gold News
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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