Jim Rogers : Fracking is mainly a U.S. thing

Jim Rogers : No, fracking is mainly a U.S. thing. It’s beginning to catch on in other parts of the world as the technology develops. But I’m sure that soon the Chinese will probably pass us all just because once they see things, they catch up very quickly. And they don’t have to deal with a lot of the situations we do in the U.S. with environmentalists, politicians, etc. If they think it’s a good thing, they will jump in with both feet and do it. While there’s not much in Asia yet, I suspect — unless it is just an environmental catastrophe, which some people claim — you’ll probably see Asia catch up and pass the U.S. in the next few years. - in HardAssetsInvestor

 
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%.