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, June 7, 2010
Jim Rogers : The Commodity bull market will continue
"If the fundamentals weren't right the price would not go up. Many people invested in commodities in the 1980s and 90s and didn't make any money because the fundamentals were bad, now people are investing and making money because the fundamentals are good," Rogers said. "I certainly expect gold to go much higher over the next few years. Paper money is going to be debased and the price of real assets will be enhanced," Rogers said.
"I don't see the new commodity supplies coming that will end the bull market."
Via economictimes.indiatimes.com
Labels:Jim Rogers
Commodity bull market
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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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