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%.

Tuesday, July 2, 2013

Jim Rogers on Social Unrest



Near the end of the interview he was asked about the riots ongoing in Brazil. Rogers wrapped in into the central banks printing without regard for the consequences of their actions. He said that in the end, we are all going to suffer for the rest of this decade for the crazy amount money printing.. Be it social unrest, economic downturns or a mix of both.
The Rogers solution? Real assets. This can be precious metals or it can be any tangible asset. Having cash in a financial system that collapses does you little good. Rogers also goes further in saying that you want strict control over your hard assets. Do not store them where you cannot have easy access to them at all times. - in tradethenewsroom

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 "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 "
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