Famed Investor Jim Rogers chairman of Rogers Holding and the creator of Rogers International Commodities Index speaks to Jay Carter of the Financial Survival Podcast about the overall global economy outlook and in particular commodities like Gold Silver and Oil and where they may be heading next ...
Jim Rogers : ...the thing that caught people's attention is that gold was going up so much that's the wrong way to invest , Look I own gold I own silver but where were these guys five years ago ten years ago that's when they should have ben doing all of this (buying huge amounts of silver) unfortunately for all of us most investors do not notice something until there is nice bull market in place such as with gold and silver , after ten years of price rises in gold people are starting to notice ...and yes there will be more people buying gold eventually everybody is going to own gold and then we will have to sell our gold but that's a long way from now ....
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%.
JIM ROGERS BLOG is An Unofficial Tracking Blog of Global Investor Wall Street King and author Jim Rogers , his investments speeches interviews ideas and much more....
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