Jim Rogers: Unfortunately all central banks know to do
is to print money. Most of them will anyway, and you are going to see
more money printing, more debasement of currency and therefore, the
price of gold will go much higher over the course of the decade. Whether
it goes up this year or not, I do not know. The situation with gold is
that it has been up 11 years in a row without a down year, which is
extremely unusual. I do not know of any asset that has been up 11 years
without a down year. So gold is correcting. It would be normal for gold
to continue to correct and have a down year. Such markets are supposed
to do so. Whether it is going to do, that I do not know, but I do know
that gold is going to be much higher over the decade. - in India Economic Times
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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 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 "