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%.

Wednesday, November 25, 2015

Jim Rogers: My largest Currency position is the U.S. Dollar




Jim Rogers : I’ll tell you, my largest currency position is the U.S. dollar. I expect some problems going forward in the world financial markets, and during those problems people will seek a safe haven. They think U.S. dollars are a safe haven. The U.S. may be the largest debtor nation in the world, but as you look around, certainly you are not going to the euro or the yen these days, so I own a lot of U.S. dollars and as the turmoil comes, the U.S. dollar will go higher and higher. It may turn into a bubble, depending on the severity of the turmoil. But if gets overpriced, I hope I will sell it at that point.




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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