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%.

Wednesday, July 10, 2013

Jim Rogers: The Only Protection is Owning Real Assets


 Real Assets. This can be precious metals or it can be any tangible asset. Having cash in a financial system that collapses does you little good. Rogers also goes further in saying that you want strict control over your hard assets. Do not store them where you cannot have easy access to them at all times. - in tradethenewsroom



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 not Selling his Gold or Silver, but he hasn't started to Buy again either



Legendary US investor Jim Rogers recently told Business Insider gold has further to fall and a 50% retracement from the all-time high of $1,909 an ounce intra-day in August 2011, is likely, although he is not sure when gold will hit a bottom:
I'm not selling my gold. I'm skeptical, even though I expect gold may go down even more to $1,000 to $900. A 50% correction would be $960 or whatever it is. Now 50% corrections are quite normal in markets. What's not normal is for something to go up 12 years in a row.
So, it would be normal if gold did correct 50%. That might go some way towards shaking some of the faithful, some of the mystics. We got to shake out more people. I don't see any signs that the faithful, they've been worried about what's going on, but I don't see any signs yet that the faithful are giving up and selling their gold. Not just verbal despair, not just people talking about despair, but people acting. Then gold prices will make a nice, firm bottom.





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 Warns Gold Price Could Dip to $900/Ounce

Jim Rogers explained to Business Insider that the basis of his accurate forecast was intuition since it has been up for 11 to 12 consecutive years.
"I  don't know any asset that gone up 12 years without a down year, and gold needed and deserved a correction," he said, pointing out that the predicted price then of $1,2000 was within the usual 35 to 40 per cent correction.



Jim Rogers May Interview - Gold Price Crash, Bottom Prediction & 2013-2014 Price Forecast

Legendary Quantum Fund manager Jim Rogers made a prediction about gold prices. This week, his prediction rang true as gold and silver prices took another huge hit. In the aftermath, gold prices are now down approximately 30% since reaching an all-time high in August 2011. According to Rogers gold prices have even further to fall. "I have repeatedly babbled about $1200-1300/oz., but that is just because that would be a 30-35% correction which is normal in markets," he told Business Insider this week. "But I am a hopeless market timer/trader."
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 Correctly Predicted Gold Would Fall To $1200, And Now He Thinks It Could Go As Low As $900

Business Insider: Two years ago, you told us you could see gold going to $1,200. How did you arrive at that level?

Jim Rogers: I’m sure it was all based on intuition from Business Insider, but gold had been up at that point 11 – 12 years in a row which is an anomaly.
I don’t know any asset that’s gone up 12 years without a down year, and gold needed and deserved a correction. And, if it’s going to happen where would it go? $1,200 was between 35% – 40% and 35% – 40% reactions are commonplace, so that was the first number. I wish I could tell you I had a formula.




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 Bio

Jim Rogers' Bio Rogers showed a penchant for business at an early age. His career as an entrepreneur began at age 5 with selling peanuts and picking up empty bottles left behind at baseball games in Alabama. After graduating from Yale University in 1964 with a bachelor's degree in history, Rogers headed to Wall Street and worked as an investment banker, meeting future business partner and billionaire George Soros.
In 1973, Rogers and Soros started the legendary Quantum Fund, producing a staggering 4,200% return in the next 10 years while the S&P 500 gained just 42%. That incredible success early in his career enabled Rogers to retire at the age of 37.
Since then, Rogers has remained active as a private trader and investor, scoring several big wins along the way. He also wrote a well-received book, "Investment Biker," that chronicled his 1990 motorcycle trip around the world. -
in nasdaq.com






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 Investment Strategy And Big Wins



Jim Rogers uses a top-down economic model. This big-picture worldview guides his investment style: He says he can't time the markets, so he takes a long-term approach.

Rogers is known as a contrarian investor. His willingness to go against the grain and buck popular opinion has produced some of his best ideas.

Rogers has a knack for spotting a long-term trend long before the masses. He was a pioneer in international investing with his Quantum Fund in the 1970s and early '80s. He called the commodities boom in the late '90s, launching his Rogers International Commodity Index in 1998 -- well before the commodities boom of the 2000s ripped across the Street. He also cashed in on the financial crisis of 2008, shorting Fannie Mae before shares crashed from above $60 to just pennies
Rogers is known as a contrarian investor. His willingness to go against the grain and buck popular opinion has produced some of his best ideas.   

The hallmark of all Rogers' trades and investments is patience. Whether he was waiting for the commodities boom in the early 2000s or betting against financial stocks in 2008, Rogers emphasized the important of patience to execute a great trade or investment: "I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime." - in nasdaq.com




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 Portfolio: What's He Holding Now?


Jim Rogers has his sights set squarely on what he calls one of the best investment opportunities he has ever seen: food and agriculture.

"We're going to have serious food shortages, not just in America but in the world," Rogers has said. "When I speak to universities and students, I tell them all they should be studying agriculture. The farmers are going to be driving Lamborghinis. ... There are a few parts of the world economy that are going to boom over the next few years -- agriculture is one of them. It's not going to be all disaster."

Rogers is also bullish on commodities, saying central banks' easing efforts will support hard assets. He particularly likes precious metals such as gold and silver. In 2011, Rogers said: "In 1987, stocks went down 40% to 80%. But now you don't even remember 1987 -- it looks like a blip if you look at it. That's what's going to be happening with silver and gold." - in nasdaq.com



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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