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%.

Thursday, June 9, 2016

Jim Rogers: We are going to pay a horrible price someday



ET Now: On the markets, on the Indian markets.

Jim Rogers: All markets are up because the central banks are printing more and more money, so it is astonishing for me to see this keep on happening. The Europeans, the Japanese keep on pumping more money. Even the us money supply is going up. Interest rates have been going up or down, but all the central banks continue to pump money into the system.

It is going to end some day. The markets went down, not by very much and all the central banks printed money again. I said to you before too, what happens is that markets go down a good deal, and then the central banks panic and print more money. I mean this is absurd what is happening to the world . We are going to pay a horrible price someday including India.

Read more at:
http://economictimes.indiatimes.com/articleshow/52549886.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst










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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