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%.

Wednesday, October 6, 2010

Jim Rogers : Protect yourself with Hard Assets

Jim Rogers Markets Soaring "But the World Is Worse Off,"

Jim Rogers : "Silver gold Inflation Money printing, Central banks around the world are going to print money until we run out of trees , it's outrageous what they are doing , they think they are doing the right thing , I know they are not doing the right thing , protect yourself with hard assets ....right now gold has been moving straight up , I do not like to jump on a moving bus but I am not selling my gold.. gold may go up a few dollars but it may have few corrections Gold may correct for a few months but the gold bull market is not over yet far from it ...I am much more bullish on agriculture than I am on Gold I own bot as a matter of fact what you should do is become a farmer farming is going to be a great great profession in the next two or three decades that's where the money is going to be made.... "When you print a lot of money, the people who get the money are better off -- there's no question about it. But the country, the world is worse off," Rogers says. "Sure some of us feel much better, especially people in the financial markets but...the world is not getting better. The world is getting worse."....

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...