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%.

Thursday, November 24, 2011

Jim Rogers Is Still a Commodities Bull

Why Jim Rogers Is Still a Commodities Bull : "I`m long commodities and currencies, because if the world gets better, the shortages in commodities will make sure I make money; if the world economy doesn`t get better, I`d rather own commodities because they`re going to print money," he told CNBC yesterday. "Throughout history, when things have gone wrong, they print money...when they print money, you should own silver, you should own rice, you should own real assets."

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...