Jim Rogers skeptical of The Official Jobless Rate

Jim Rogers : “I am as skeptical as everybody else,” Rogers said. “I said in January that there will be a lot of good news [on the economic front].” “It’s strange, five weeks away from the election the news keeps getting better and better. The next report will be even better,” “In December they’ll revise the numbers but it won’t matter” Jim Rogers, told Emerging Markets in an interview.

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%.