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%.

Saturday, June 27, 2015

Too many people believe that Gold is Holy




Jim Rogers: I own gold. I have not bought any serious gold in five years or so. It did not have a down year for 12 years, now the correction is an anomaly. Gold has not been down 50% in years, so gold has not been acting like normal markets for a long time. I expect a better chance to buy gold sometime in the next year or two. If that happens, I hope I am smart enough to buy a lot more gold if it had a 50% correction. I will hedge some of my gold because there are still too many people who believe that gold is holy and it probably cannot set a sound bottom - in ET Now





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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