JIM ROGERS

JIM ROGERS

Monday, April 14, 2014

Jim Rogers -- There is Inflation, and it’s going to get worse

Jim Rogers -- The Vault with Brian Baker - March 14, 2014

 This week's edition of THE VAULT features an exclusive interview with legendary investor Jim Rogers. Jim joins Brian to discuss his views on financial markets, the Fed, increasing chances for a U.S. recession in the near-term, and what he sees ahead for gold prices. Plus, we speak with Mike Getlin, CEO of Merit Gold about this week's price action in precious metals markets, and Brian covers "What You Need to Know" about the geopolitical crisis in Ukraine.



“We all know that there is inflation, and it’s going to get worse,” Rogers cautioned host Brian Baker. “Do not think that it’s not going to get worse. You should be prepared and you should be worried.”
“They’re taking what they think is the easy way, but it’s not the easy way because in the end, it’s going to be a lot more painful for everybody. And not just in the U.S., it’s going to be painful for people all over the world.”


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%.





Who is Jim Rogers ?

James "Jim" Rogers was born in Oct. 19, 1942 and grew up in Demopolis, Alabama .Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%. They ran what is considered to be one of the first truly global macro hedge funds. . In 1964 he got his first job on Wall Street at Dominick & Dominick in the summer between high school and Yale University, that's how he got his first experience with stocks and bonds. He immediately fell in love with the job. After Oxford, he returned to the U.S. and joined the army in 1970 he returned to Wall Street, working again with Dominick & Dominick. That same year he joined Arnold S. Bleichroeder, where he met George Soros, and together founded the Quantum Fund. This has opened a new era of global macrotrading and inspired numerous imitations and spin-offs. In the book "Money Masters of Our Time," Jim Rogers writes about that time "the most important thing in my life was work. I did not do anything until I had completed my work." To emphasize this professional ethic , it is good to remember that he did not made any holiday for ten years. In 1980, Jim Rogers has decided to "retire" at 37 years. Since then he has spent much of his time traveling and supporting the causes of philanthropic and taking on many high profile roles in the media. However, he continues to be an active investor and media commentator

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 "