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, April 5, 2015

Jim Rogers recently added Gold Mining Companies to his Portfolio



Jim Rogers wrote of the Swiss currency swoon 2 years in advance, in his bestseller Street Smarts. The financial legend warns that central bankers are ill prepared to manage the highly complex markets, despite their impressive credentials. Printing mountains of currency merely increases the debt burden to current / future generations - the short-term expansion comes at the expense of a long-term contraction. Economic history reveals the most productive way to cope with excessive debt - allow overextended institutions to file for bankruptcy, clearing the system, resetting the economy, encouraging and facilitating the next decade of economic expansion. Even gold bears require gold and silver portfolio insurance as a safe haven amid increasing market volatility. Jim Rogers recently expanded his portfolio via an investment in gold mining companies. The crude oil implosion may be presenting a investment opportunity (when price eventually finds a floor) given robust global energy demand. The super-investor is also watching Russia, China, Japan and the agricultural sector for investment opportunities.- in Goldseek Radio





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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