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, January 5, 2012

Gold is due for nice correction in 2012

Gold could fall to $1200 says legendary investor Jim Rogers : "If Gold goes to $1200 say I hope I am smart enough to buy a lot more gold , that's not a prediction but it is not a surprise Tara most assets correct 30 or 40 percent during the course of any year or two , gold has not had a serious correction in a long time , it's up eleven years in a row that's extremely unusual for any asset so Gold is due for nice correction " Jim Rogers told Reuters
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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