Saturday, December 28, 2013

Tapering Will Be Disaster

"This is the first time that all the central banks are printing staggering amounts of money at the same time. There's an artificial sea of liquidity... This is going to be a disaster in the end." - in BBC News


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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