Gold`s 50% Percent Correction In The Seventies
"As Jim Rogers often points out, gold fell by 50% in the mid-70s, only to head 850% higher afterwards." - in Money Morning
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%.
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