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%.

Sunday, September 20, 2009

Rogers hot on Silver and Coffee and prefers to invest directly on Commodities rather than Commodities based firms

In an interview with the Chinese CIB this September Jim Rogers said that he is very hot on all commodities but in particular Silver and Cofee :
"I’m looking at all commodities, but some commodity prices are very depressed. Silver is 70% or so below its historical highs, coffee is 70% or so, as is sugar, while gold is only 10% off its all time high."

and when asked if he invest directly in commodities, or in commodities-based firms he answered

"Mainly directly in commodities. There are plenty of studies out there that show it’s better investing in commodities themselves, unless you have a lot of time on your hands and are very good at picking stocks, which most people aren’t."



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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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