Stock Market : I don’t expect a Collapse any time soon

 Jim Rogers : I am the world’s worst short-term trader. I don’t expect a collapse any time soon. Even if we start to have a normal setback Yellen is going to panic. If the market is down 12% she is going to be getting a lot of phone calls, much less if it’s down 22%. The market hasn’t been down at all. If some collapse comes—which I don’t expect—it is going to be panic, hysteria and Yellen is going to run those printing presses even faster.

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%.