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, December 6, 2013

Gold Price Slump : The Role Of India




I think there will be a better chance to buy gold later. I own gold, I have not sold and I am not selling any of my gold. I hedge some of my gold. I think there will be a better chance to buy.

The indians who are the largest buyers, or have been the largest buyers of gold in the world, indian politicians are doing their best to stop indians from buying gold. They have been very successful in the last few months.

Worse than that. The indian politicians are now trying to make indians sell their gold. many of the indian temples over the last few centuries have built up huge stock piles of gold. Now the politicians want them to sell it. If those indian temples start selling gold, who knows how low will it go.




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
Jim Rogers
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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