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, June 23, 2015

This is why more Money is fleeing to the US Dollar


ET Now: If you look at that as a background, the Indian rupee seems to be catching up with the decline in other Asian currencies. How much do you see the rupee sliding from here on?

Jim Rogers: I know it is going to continue to go down. The Indian government has not done very much in the last year to revive the Indian economy. India is a debtor nation, so people are now waking up to the problems that exist in the world and in India. That is why more money is fleeing to the US dollar.






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 "
Related Posts Plugin for WordPress, Blogger...