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, July 12, 2010

Jim Rogers : sell bonds and Buy Silver and rice

Jim Rogers: Silver is one of the few safe refuges left and Gold will rise to more than $2,000/oz

“Bonds are not a good place to invest in,” “You should own commodities because that’s your only refuge” whether it’s silver or rice, said Rogers chairman of Rogers Holdings at a conference in Kuala Lumpur today. Gold prices will rise to more than $2,000 per ounce said Jim Rogers, predicted the start of the global commodities rally in 1999.
via Bloomberg 12 july 2010

No comments:

Post a Comment

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 "
Related Posts Plugin for WordPress, Blogger...