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, December 5, 2011

Jim Rogers on The MF Global impact on the Commodities market

Jim Rogers : I own all commodities , I especially own food and precious metals , but first I have to remind you Steven in the last few weeks MF Global went bankrupt , and MF Global was a huge player in the commodities market , there is a lot of artificial forced selling going on , it's artificial selling it's forced selling and when a huge player goes bankrupt it has a lot of ramification , when this is passed I would suspect that commodities will continue to go higher and that you are going to continue to see more inflation , governments continue to print money I do not like it that's all they know to do ....- in CNBC
Labels:Jim Rogers

1 comment:

  1. 釈情December 5, 2011 at 7:45 AM

    I own all commodities. I especially own food and precious metals. But first, I have to remind you Steven, in the last few weeks MF Global went bankrupt, and MF Global was a huge player in the commodities market. There is a lot of artificial forced, selling going on... and when a huge player goes bankrupt, it has a lot of ramifications. When this is past, I would suspect that commodities will continue to go higher and that you are going to continue to see more inflation. Governments continue to print money. I do not like it; that's all they know to do... in CNBC

    ReplyDelete

Subscribe to: Post Comments (Atom)
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...