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 4, 2009

The currency market will collapse , I have no shorts , Commodities are the best place to be says Jim Rogers

Bear Market Rally? Jim Rogers on CNBC

I'd rather short bonds than short stocks , gold will go over a thousand silver is a great investment agriculture and natural gas are even better,commodities and hard assets to save your investments against the inflation. Jim rogers also expects chaos the currency market buy the end of the year it could be the dollar or the pound sterling , just like the Icelandic krona collapsed 2 years ago , and the Russian rubble , buy hard assets real assets , commodities , agricultural and mining stocks , the fundamentals are getting better only for commodities . We are the largest debtor nation in the history of the world , the dollar is a terribly flawed currency it is going the way the pound did , china Russia and Brazil are trying to dump the US Dollar .the bonds rising indicate that inflation on the way...natural resources economies are going to boom , Brazil emerging markets Australia china are going to be better places than Europe and America ...I never sold a share in China

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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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