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%.

Wednesday, June 6, 2012

Jim Rogers : The US Dollar is Not a Safe Heaven

Jim Rogers : I do own The US Dollar , people often see it as a Safe Heaven , it is Not Safe Heaven but people think that and so therefore I own the US Dollar , there is more turmoil coming out of Europe and other currency markets so people when they try to look for a place to flee they flee to the US Dollar so I have fled to the Dollar too with them , the Dollar though is Terribly Flawed , Terribly Flawed Kathleen over the next few years , so be very careful I don't know how long I would own it whether I'll own it for a quarter or a year or two but i own it for the moment


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%.

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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