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, May 7, 2016

Oil Price : No sub $30 level on Brent again


 From sub $30 a barrel, Brent is now at $45. Do you see this as a rebound or re-rating of crude?
Normally, when you have a big drop in markets, there is a rebound and then there’s a dead cat bounce if nothing else. And then you have a test of the lows. I expect we would have a test of the lows sometime later in summer or may be sooner. But we are in the process of making complicated bottoms in nearly all commodities.


Do you see a sub $30 a barrel level on Brent again?

I am not sure of any disaster. If Italy suddenly goes bankrupt, then who knows? But no, I don’t think we would see a sub $30 level on Brent again.  - in Bloomberg India











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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