What Currencies present the best chance for making Money ?:
Jim Rogers says "The Canadian Dollar the Singapore Dollar The Euro perhaps although it has serious problems on the long term , I own the Yens I own the Australian and kiwi Dollars I own several currencies "Jim Rogers does not specify a single currency that he believes will be a great investment for the future , he says he is just trying to find a stable one and that politicians and central bankers have learned to debase currencies , He says that Singapore insists on having a sound currency but that have the disadvantage of having a sound currency and nobody else does , they cannot be competitive , Canadians have done a much better job ...but Jim does not seem to find an exciting currency " I am sure there is one out there I just have not found it yet " and he added " There is peace in Sri Lanka ...conceivably the Sri Lankan Rupee ! I have no idea I do not have investments in Sri Lanka " " In the meantime I am looking for something that is less flawed than the US Dollar but I do not know of a currency worth rushing out to buy it , I do not know it , I own several and I hope they are less flawed than the US dollar ..., and conceivably the Brazilian currency
Question : What are the secrets to commodity investing ? Answer : " You should not invest in anything that you do not understand , we all know what cotton is we all know what oil corn zinc are , none of us had a clue what the Dot come was , these are things we all know about they are simpler to analyze than stocks , I do not say they are easy i say the are simpler , nobody could understand IBM , but for cotton the question is is there too much cotton or too little cotton that's hard to do , but that's all you have to do to make an investment" added Jim Rogers .....
Jim Rogers Investor and Author and Chairman of Rogers Holding
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, June 15, 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 "
Looks like he is getting a blow job while talking !
ReplyDeleteYeah, either that or taking a shit!
ReplyDelete