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%.

Friday, December 17, 2010

Jim Rogers : Gold still an under-owned asset

Jim Rogers :"....I spoke not too long ago to 300 major international money managers from around the world, sophisticated people with a lot of money under management. And the moderator, I didn't know why he said it, but he said, "How many of you have ever owned gold?" Seventy-six percent of those people had never owned gold.
I was stunned, so was the moderator, so was everybody, stunned at how few people actually had ever owned gold, so it's still an under-owned asset, and think about zinc. He didn't say zinc or cotton or some of the other commodities. None of them would have ever said they have ever owned zinc and cotton and other commodities, so the commodity bull market has a long way to go. ..."

via www.thestreet.com

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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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