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%.

Tuesday, March 15, 2011

Jim Rogers : Japan quake going to increase demand for many commodities

Famed investor and commodities legend had an interview this morning with the indian TV ET Now he talked about Asian markets , oil and commodities as well as the impact of the Japan quake and Tsunami on the global economy ,regarding the impact on the commodities market of the Japan quake and Tsunami Jim Rogers had this to say
Jim Rogers : "Yes, this is going to increase demand for many commodities. This is the new source of demand for copper and lead and things that nobody expected of new demand coming out of Japan, now there is a lot of new demand coming out of Japan. If the rest of the world goes into an economic slowdown because of this, then governments around the world are going to print even more money, that is the wrong thing to do but that is what they will do and whenever they print money, it is good for real asset, commodities."

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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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