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%.

Friday, February 26, 2010

Jim Rogers : I doubt if Euro be there in 2020 or 2030

Jim Rogers

Jim Rogers : we are going to have more and more currency turmoil over 2010 and 2011

In a recent Interview with the Indian Economic Times , Investment Guru and commodities legend Jim Rogers was asked about the currency crisis we are having in Europe and how he sees the future of the Euro , Jim Rogers doubt that we will see a Euro by 2020 - 2030 :
Q :You made a forecast sometime last year about an impending currency crisis. Do you think that’s going to happen?

A :"It’s happening. Don’t you read, don’t you watch the TV, don’t you see what is happening in Europe? I mean, we are having at least the semi-crisis and I think that we are going to have more and more currency turmoil over 2010 and 2011. It’s happening. I am glad you brought it up."

Q: Do you think the Euro is going to survive?

A: "If Euro probably survived this time around and I doubt if Euro be there in 2020 or 2030, but I suspect it somehow that the Euro will survive 2010."

Read the Full Interview >
Jim Rogers president of Rogers Holdings is George Soros former partner and co-founder of the Quantum Fund, and a truly legendary international investor who helped generate a 4,200% total return over a 10-year period .Jim Rogers is always bullish on Asia Commodities Agricultural Products gold and silver




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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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