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, May 10, 2010

Inflation Rising in China

Rising China Inflation Drive Mainland Shoppers to Hong Kong


May 10 (Bloomberg) -- Bloomberg's Zeb Eckert reports on how rising inflation in China is encouraging mainland consumers to visit Hong Kong to spend. Chinas consumer prices may have climbed 2.7 percent, matching a 16-month high. Producer prices may have climbed the most in 18 months in April on rising costs of imported goods, adding to signs that the countrys fixed exchange rate is stoking inflation. The statistics bureau releases April data tomorrow in Beijing. (Source: Bloomberg)
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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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