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 31, 2010

Jim Rogers on Japanese television

Jim Rogers on Japanese television
On a special interview for the Japanese television the famous investor Mr. Jim Rogers said that the Euro probably will disappear... and because the Gold has reached highest prices a good investment will be the Silver that has not reached the top prices...

Japan still hanging around, big fact Japan is not far away from Europe countries, Japan with a bigger debt than Europe is only surviving because 90% investments are put inside Japan... if the investors decide to put their money outside Japan, the situation can change a lot. After long time living in Japan I can say that most people don't even feel the real situation, we expecting very soon for a augment on the imposts now 5% going probably to a 7~10%, imagine that ...
Watching the market from the last 2 months where a new commercial year started is easy to feel how fragile the Japanese yen is today... stable now? yes, tomorrow???
I think the big problem in Japan is not an economic problem but much more a direction problem, people related to politics are too old with old ideas, fighting for things not so important, I'm not even talking about the corruption that still hidden for the dumb eyes..
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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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