This is the first time in history where you have had all the central
banks in the world printing money at the same time. Europe, Japan,
America, and the UK, all, are frantically trying to debase their
currencies…I’m afraid that in the end, we’re all going to suffer
perhaps, worse then we ever have, with inflation, currency turmoil, and
higher interest rates. As I say, this has never happened
before, it’s never been a good policy in the long run, so I’m afraid
we’re all going to suffer for the rest of this decade from this crazy,
crazy money printing.” - in Bull Market Thinking
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%.
Saturday, June 29, 2013
Jim Rogers - All Central Banks Printing Against Gold?
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 "