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%.

Friday, January 6, 2017

Jim Rogers Warns : Bonds are going to cause a lot of pain to a lot of people





Me: So when we look at global markets, which markets… [are those] that a lot of investors are very keen on [and may be in bubble territory]?


Jim Rogers: Well, I can’t think of many that people are keen on right now. America… the S&P, people are keen on… European football clubs… that’s a bubble.
American tertiary education is a bubble. Everybody thinks it’s the end all and be all. America has done a great PR job of selling its universities. Everybody knows [that] grammar school, primary school and high school are a disaster in America. But somehow or another that translates into the fact that America has great universities. Don’t ask me the logic. But that’s obviously a bubble.
Hong-Kong real estate, Shanghai real estate… [those] are clearly in some kind of bubble… also, Sydney real estate.
Bonds are obviously something that is going to cause a lot of pain to a lot of people. Bonds have been going up for 35 years. Literally, for 35 years. Now, bond markets have a habit of having long, long, long cycles, 30, 35 years. It’s normal in the bond market. At least historically in the U.S. it’s been normal, but… that’s another clear bubble.









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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