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, December 28, 2009

Jim Rogers on Gold Silver Cotton Coffee and other Commodities

Jim Rogers

Gold should be over $2000 by now says Jim Rogers


"If you adjust Gold for inflation and go back to it’s former all-time high in 1980, Gold should be over $2,000 an ounce right now if you want to say it’s reaching new inflation adjusted all-time highs. That does not mean Gold has to get back to a true all-time high. Nothing has to. However, I suspect that given all the money printing in the world, we will see much higher prices for hard assets.
Despite Gold’s potential, I think I will make more money in other commodities such as silver, cotton, or coffee — all of which are terribly depressed."said Jim Rogers in a recent interview with Businesswire
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4 comments:

  1. YnwestorDecember 29, 2009 at 4:02 PM

    Is it a gold bubble?

    ReplyDelete
  2. AnonymousDecember 29, 2009 at 8:55 PM

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  3. High Internet Savings AccountDecember 30, 2009 at 4:07 AM

    I am a active buyer of Gold. I am also think that Gold should be over $2,000. Thanks for the information. first home buyers savings account

    ReplyDelete
  4. AnonymousFebruary 3, 2010 at 7:03 AM

    got gold

    ReplyDelete

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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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