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%.
Monday, October 29, 2012
Jim Rogers: Shortages of Raw Materials lead to Strife & Wars
Daily Bell: Are there going to be additional wars?
Jim Rogers: Oh, yeah. Throughout history there has always been war. There is no period in history where we didn't have wars of some sort. Politicians like to blame somebody and it's easier to blame foreigners, so as tensions rise people will blame foreigners more and more.
Also, I'm told throughout history when you have shortages of raw materials, that leads to strife and wars and we have shortages of raw materials developing which will be bigger and bigger. So we will have wars. - in Daily Bell interview 14 Oct 2012
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%.
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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 "
So the logic is politicians are causing wars.
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