Do you think Brent crude oil will fall further from the current levels (it has fallen over 20% since June this year to hit a 27-month low)?
Jim Rogers : We are going to have a bit more correction in crude oil prices and some commodities. I hope to buy some commodities when this correction goes far enough. The world is running out of oil in most countries, and the bull market in crude oil is still not over in my view. When crude oil goes down further, I would rather buy the commodity than sell. - in ET Now Oct 7, 2014
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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