Jim Rogers : in any absolute terms the Wiemar debt was big but it is nothing compared to what we have and Zimbabwe didn't have much debt they just printed money " says author and global investor Jim Rogers , The American debt on the other hand is in the order of 200 trillion he explains , and the American administrations are getting with it because not enough of us are calling them on it certainly not the man on the street whose only concerns are his own paycheck says Jim Rogers , regarding gold Jim Rogers says that he does not know IF gold will still go down what he says is IF it goes down a bit he hopes he is smart enough to buy some more gold or a lot more gold , the price of gold will depend on what happens in the world if America bombs Iran gold prices will go up Jim explains...
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%.