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, November 22, 2011

Jim Rogers on China and Gold Correction - 11/22/11

Jim Rogers interviewed by RT America today about China Gold correction MF Global debacle the US dollar and much more , China is where the money and the energy is says Jim rogers , the Euro unfortunately has become a political currency rather than an economic currency , the Euro will disintegrate in the foreseeable future it's a shame because the world needs something to compete with the US dollar says Jim rogers who still owns some Euros , the Renminbi is still a blocked currency , Gold is due for a correction....

1 comment:

  1. T A McNeilNovember 23, 2011 at 7:37 AM

    As there is not much difference between Central Banks selling Gold or monetizing it as collateral for EU debt; a sharp drop in Gold prices is a possibility that may now be assigned a much higher probability. Gold Bugs may be in for a shock as this clever technical sell-off of reserves occurs underneath their radar. Too cute.

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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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