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, December 7, 2013

Tapering , maybe in 2015




I don`t have an estimate because I don`t think it will happen anytime soon. Mr. Bernanke is certainly not going to do it, he wants to get out while he can, before it all falls apart. Mrs. Yellen undoubtedly will not do anything at first because I hope she knows, I hope she is smart enough to know that is it going to cause problems when they stop printing so much money. So I would suspect this will go on for a while, maybe 2015.

If and when they do start cutting back, the markets are going to react pretty badly and then they will probably loosen up again.



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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