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%.
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, September 19, 2011
The supply and demand dynamics for gold have been different from other commodities
Jim Rogers : The supply and demand dynamics for gold have been different from other commodities for two or three decades. I own some gold, but I’ve always tried to explain to people that they would make more money in other commodities than they would in gold,because of the supply and demand dynamics. Now that has been true for the last decade or so. Take lead for instance, in fact,you would have made a lot more money over the past thirty years, the past twenty years, the past ten years, than you would have in gold. But if you own gold, I still don’t expect to make as much in gold as I would in things like corn and soy beans. But I own it.- Jim Rogers interviewed by Peter Schiff
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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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