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%.

Tuesday, October 13, 2009

Inflation Inevitable Could Be Much Worse Than the 1970s

Jim Rogers : Inflation Inevitable Could Be Much Worse Than the 1970s



"The Federal Reserve has laid the groundwork for some serious inflation down the road by printing all this money," Rogers says. "So have many other central banks."
"We're going to be paying more for just about everything down the road." Jim Rogers said

2 comments:

  1. my god..!

    worst flash player ever :(

    I had to rewind the thing like 10 times only to understand what they were saying, and it's not my internet connection, the player is awful.

    ..anyhow, about what rogers says, i think he's right, and we should ge tready for a huge inflation problem here in the us.

    ReplyDelete

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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