Several Major world Currencies may eventually collapse
Investment guru Jim Rogers has no shorts in the stock market for the first time in about 1987 , he says the government is printing so much money it could carry stock prices to
elevated levels and that would also spark a currency crisis "I have no shorts I am worried about the currency market I expected to be a currency crisis later this year
or may be next year " said Jim Rogers question "In what currency " Answer " I wish I was that smart , may be the US dollar , it might start right here in America
it might start with the pound sterling I am not quite sure
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 10, 2009
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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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