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, February 9, 2016

Jim Rogers : For most Industrials especially Steel, I am not Optimistic


 You have a strong view on the dollar and the Chinese market. In this context, how do you see the industrial commodities play out?

Jim Rogers : I don’t own steel or iron ore anywhere in the world because of all the massive capacity which has been coming online. Everywhere the iron ore companies down in Brazil and Australia went nuts adding capacity and likewise, the steel industry in China and elsewhere. For most industrials especially steel, I am not optimistic. Other industries of metals are probably making their bottom whether it’s copper, zinc or lead. Most of them are down and are probably making a bottom this year or the next year.  -- in www.thehindubusinessline.com








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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