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%.

Sunday, January 4, 2015

I don’t see enough huge permanent supply in most Commodities to end the Bull Market



FM: You still believe we are in the midst of the commodity bull market. How do you see that evolving? 

Jim Rogers : I would remind you that in the [equity] bull market from 1982-2000 we had many huge setbacks. In 1987 stocks went down 40% to 80% worldwide; 1989, 1990, 1994, 1997; staggering consolidation and setbacks and every time people though the bull market was over. It wasn’t. It ended in excess and a bubble like most bull markets end. In my view we are having that sort of period in many commodities. Gold, which I am not buying [right now], I suspect will turn into a gigantic bubble before this is over. Many other things as well. And that will be the end of the bull market. I don’t see enough huge permanent supply in most commodities to end the bull market. Look out the window, there is an artificial ocean of liquidity climbing all over the world, rising as we speak. It has never been like this in recorded history where all major central banks are doing it.







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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