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%.

Thursday, February 25, 2010

Jim Rogers Hyperinflation is a possibility

Jim RogersFrom Jim Rogers The Economic Times Interview of 23 Feb 2010 :

Now is your prognosis still of hyperinflation around the world because of all the monetary loosening that has taken place?
"Hyperinflation is certainly a possibility when you say a probability yet but throughout history when people have printed huge amounts of money, it’s led to serious inflation always without fail and this is the only time when we recalled the history that nearly every government in the world has printed a lot of money. So, unless it’s different this time and it never is, then we are going to have more and more inflation whether it turns in the hyper in some countries, it will turn in the hyperinflation."

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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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