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%.

Monday, May 4, 2009

America is The Largest Debtor Nation in The History of the world

Jim Rogers interview on Radio One on April 30, 2009
There gonna be social unrest in many countries in the world , Expect financial Armageddon in the short future
China too has a central bank , few countries nowadays do not have one , they have the largest foreign currency reserve in the world , they have an inflation too , one of the reasons is that so much money have come into the country in recent years ....
Silver will do a lot better than Gold because the IMF is trying to sell its gold ...silver and agriculture products will do better , but I am a gold buyer in any case "
"Inflation will continue to get worse , The government is printing a huge amount of money..."
"I am worried about the currency I am worried about the dollar I am worried about the world ...I put my money in commodities ..Gold zinc silver cotton ...etc..."

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Part 3 of 3 :

3 comments:

  1. Dear Jim Rogers, I would like to have a chance to talk with you for I share many of your ideas and am totally disgusted with CNBC and most others in our media who are selling that the market is showing signs of improvement. They have the nerve to highlight ridiculous macro economic news and literally ignore or sugar coat the major economic data like GDP, unemployment, and deflationary woes. Thanks, Wayne Kirk - www.propertyfreedom.blogspot.com (317) 966.7716 USA.

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  2. It's debter, not "deter"..."Jim"

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  3. It's debtor...not debter...

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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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