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%.

Tuesday, May 5, 2015

I expect another opportunity to Buy Gold sometime in the next Year or two


 I own gold, but I’ve constantly said I am not buying gold. I’ve not bought gold for several years. But I am not selling. I expect another opportunity to buy gold sometime in the next year or two, at which point I hope that I am smart enough to buy more. Gold went up for 12 years in a row, which is extremely unusual for any asset—the correction is also somewhat unusual because it is lasting more than most corrections as the rise was unusual. If gold were 50%—if, and this is not a prediction, it will be under $1,000 dollar/ounce and I hope that at that time, I am smart enough to buy more. The Shanghai International Gold Exchange makes it easier for some people to buy gold—the Chinese have been buying gold a lot less over the last few years. Fifteen years ago, it was difficult to buy gold in China, but it is getting easier and easier now—the Shanghai International Gold Exchange will help, but it is not a significant factor.







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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Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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