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, March 21, 2010
Is China is keeping the value of its currency, the renminbi, artificially low ?
there's no action without a reaction, and China's cheap renminbi hurts the exports of other countries, namely the United States. So pressure has been growing in the U.S. for the U.S. government to take a harder line.
Labels:Jim Rogers
The Renminbi
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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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