The Renminbi Will Replace The Dollar

“In China they do have the resources, the population, the trade, and the liquidity to replace the U.S. dollar. It will not happen over night. It will happen over time. In the end, you better own renminbi and cut back on the U.S. dollar...the renminbi can and will go up a lot over the next few decades.” - in futuresmag.com


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%.