Jim Rogers : ..."Right now, we have a very artificial situation. You have the central bank in America printing staggering amounts of money," "It seems that Mr. Bernanke may be leaving in a few months," Rogers says. "I guess he wants to get out before he has to deal with the hangover or the aftermath.""I don't know how long it will last," Rogers says. "I don't see how it can last much more beyond this year." He sees two possible scenarios. In one, "the market's just going to say, stop, we won't take this anymore, and bonds will go down despite the central ba"the public is going to say, wait a minute, we don't want this paper money anymore. It's too absurd, and prices will go higher, and you'll have more and more unrest in the world.""I hope the euro survives," Rogers says. "We need something to compete with the dollar, which is a terribly flawed currency now. I don’t see how the euro can survive as we know it, though."
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%.
