Jim Rogers : "The present head of the central bank does not understand economics, he does not understand finance, he does not understand currencies. All he understands is printing money. His whole intellectual career has been devoted to the study of printing money. And, as you know, we have given him the printing presses." " They will take our retirement accounts. They will take our 401k’s. They will say, ‘you’ve all been having such a hard time earning money in your 401k’s, so what we’re going to do is we’re going to save you."
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%.
