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, June 1, 2016

Central Banks Will Always Fail to Control Prices







SMALL INVESTMENT, BIG POTENTIAL. TheStreet's Stocks Under $10 has identified a handful of stocks with serious upside potential. See them FREE for 14-days. "In all my years in investing, there's one rule I've prized beyond every other: Always bet against central banks and with the real world ... Central banks and governments always try to maintain artificial levels, high or low, whether of a currency, a metal, wool, whatever. Usually these prices are absurd, and the market knows they're absurd. When a central bank is defending something -- whether it's gold at thirty-five dollars [when the U.S. used the gold standard] or the lira [Italy's old currency, before the euro] at eight hundred to the dollar -- the smart investor always goes the other way. It may take a while, but I promise you you'll come out ahead. It's a golden rule of investing." -- from Investment Biker, 1994









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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