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%.

Tuesday, November 25, 2014

Jim Rogers : One Yuan to be worth one US Dollar in 25 Years

American investor Jim Rogers says the Chinese yuan may appreciate to a value the same or even higher than the US dollar in the next 25 years, also predicting that gold may drop to US$1,000 per ounce before rebounding, reports the financial news website of Chinese web portal NetEase.
Giving a media interview in Beijing, Rogers said the renminbi will continue the process of becoming a currency that can be traded freely in the international market and that its value will rise as it does so.
The end of the Federal Reserve's quantitative easing program is not necessarily a good thing for the United States since assets may go to countries like Japan which have eased their monetary policies to a greater extent, said Rogers, who holds Japanese stocks.
Read More >> http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20141125000058&cid=1203







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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