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, June 14, 2014

Jim Rogers: Time to buy gold will happen within two years - See more at: http://www.pfhub.com/jim-rogers-time-to-buy-gold-will-happen-within-two-years-718/#sthash.laKQdb7S.dpuf


“I just mention the point that it is abnormal what gold has been doing for the past 10 or 15 years. So, I expect another chance to buy gold, at what price I have no idea,” said Rogers. “If America goes to war with Iran I’ll buy at $1600 and be happy to get it, if I can get it. So, when I say another chance to buy gold I am not so much making a price prediction as saying there will be another chance to buy gold.”
“Everybody has car insurance and fire insurance. You hope you never use it. Well, everyone should have some gold in the same way,” added Rogers. “I buy gold as an insurance policy but also because I hope to make money, and a lot of money, someday. If people do not have any gold yet, they should find a time when it’s going down to buy some, because everyone should have some gold as an insurance policy if nothing else.”
“Many more people will recognize gold coins, not everybody of course. They will also participate in any upside there is gold but, if nothing else, in an emergency they are your best choice,” said Rogers.

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%.

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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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