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, October 11, 2014

I have not been Buying Gold for a long time

You have been a big Gold Bull for a while. What is your view on it (gold prices have tumbled to its lowest level in 15 months to below $1,200/ounce)?


Jim Rogers : I have not been buying gold for a long time. I hope that I may get another chance to buy gold some time this year or next. If gold prices drop below $1,000/ounce, I hope to buy a lot more gold. Meanwhile, I have not bought nor sold gold though I have hedged some of my gold. - in ET Now



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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