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%.

Monday, October 6, 2014

Jim Rogers Warns: Prepare, we are on the brink of a very serious Collapse


It’s pretty scary what’s going on in Europe…when they start taking money out of people’s bank accounts. I, for one, am making sure I don’t have too much money in any single bank account anywhere in the world. Now there is a precedent…The IMF has said loot the bank accounts. The EU has said loot the bank accounts. So you can be sure that other countries, when the problems come, are going to say… let’s do it too. …They’re going to go crazy the next time around. It’s going to happen. Of course it’s going to happen… It’s politicians who are telling you it’s a special case… oh, don’t worry, don’t worry, don’t worry. What more do you need to know? When politicians are saying ‘You don’t have to worry’… Please, you better hurry, you better run for the hills. I’m doing it anyway. I want to make sure that I don’t get trapped. Think of all the poor souls that just thought they had a simple bank account. Now they find out that they are making a ‘contribution’ to the stability of Cyprus. The gall of these politicians. … Don’t trust any government. If you’re going to listen to government, you’re going to go bankrupt very quickly.

 





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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