Given the context that major central banks are talking about a possibility of softening of the economic conditions and your view on safe haven buying of long US dollar, what do you think about the commodities in particular?
Jim Rogers : When the dollar goes up, commodities are soft all over the world, no matter what the commodity is. I suspect you are going to see more of that. I am not buying gold yet. I am not buying anything — stocks, commodities or bonds for that matter. I am sitting and watching. I am short on the US and long on China. I would expect more problems, more turmoil and that would present opportunities eventually. - in 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%.
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