Jim Rogers : US Rates will go Higher

Friday, June 12, 2015

Jim Rogers : US Rates will go Higher

Jim Rogers : US rates will go higher, there is no question about that. But the only question is when it will happen. After rate hike, the US will attract more money. Part of the turmoil will come from interest rates going higher. Of course, the US dollar will go over a 100, but my fear is that a year or two from now, the US dollar could literally turn into a bubble because people do not know what else to do with their money and there is turmoil everywhere. You are not going to p .. - in ET Now

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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HighlandermcdJune 12, 2015 at 9:14 PM
The FED and the Golden Circles of Industries and Finance are holding back on the interest rates and holding out for the administration strategics to gain favor for the next election. Interest rates may up a little 1/4 pt 1/2 pt inching upward and then there will be room to save off points for the grand coming election. The FED are not bad people; They are riding the fiery red bull in a world Rodeo of financial play. i like The Yuan and the New Zealand Dollar for maybe a long run... gold looks good for chaos fluctuations and crippling times when governments cannot meet their debts. Bill Clinton says don't bet against the Dollar because you'll loose.... perhaps he meant it because he is a sharp insider. The Canadian Dollar has a good future for long term investment and the Peso... sometimes it can deflate then like in the 80's... inflate... Yelp Agriculture is necessary to supply world markets. If i get to farming my 29 acres; i'll never take out loans to run the farm... i'm not goin down like the ancestors who lost it all...in the markets.... and when the banker stayed open and hijacked the cash Great Grandfather stashed in the bank... over 100 Grand back then... no wonder he hit the cherry snaps... he already lost kin and fought for the Kaiser before WWI... i think you miss Alabama Jimmy Rogers.
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Who is Jim Rogers ?

James "Jim" Rogers was born in Oct. 19, 1942 and grew up in Demopolis, Alabama .Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%. They ran what is considered to be one of the first truly global macro hedge funds. . In 1964 he got his first job on Wall Street at Dominick & Dominick in the summer between high school and Yale University, that's how he got his first experience with stocks and bonds. He immediately fell in love with the job. After Oxford, he returned to the U.S. and joined the army in 1970 he returned to Wall Street, working again with Dominick & Dominick. That same year he joined Arnold S. Bleichroeder, where he met George Soros, and together founded the Quantum Fund. This has opened a new era of global macrotrading and inspired numerous imitations and spin-offs. In the book "Money Masters of Our Time," Jim Rogers writes about that time "the most important thing in my life was work. I did not do anything until I had completed my work." To emphasize this professional ethic , it is good to remember that he did not made any holiday for ten years. In 1980, Jim Rogers has decided to "retire" at 37 years. Since then he has spent much of his time traveling and supporting the causes of philanthropic and taking on many high profile roles in the media. However, he continues to be an active investor and media commentator

Mr. Jim Rogers is Independent Director at Xylem, Inc., a Member-American Section at Société de Chimie Industrielle, a Member-Executive Committee at Sequoyah Corp., a Member at The Business Roundtable, and a Member-Executive Committee Sequoyah Council at Boy Scouts of America.

He is on the Board of Directors at Xylem, Inc. and LORD Corp.

Mr. Rogers was previously employed as a Member by American Chemistry Council, Inc., President by United Way of Greater Kingsport, Executive Chairman by Eastman Chemical Co., Chairman & Chief Executive Officer by Eastman Ventures, Chief Financial Officer & Executive Vice President by Building Materials Corp. of America, Chief Financial Officer & Executive Vice President by GAF Corp., Executive Vice President-Finance by International Specialty Products, Inc., Treasurer by Amphenol Corp., Vice President-Finance by Morgan Guaranty Trust Company of New York, and Naval Aviator by United States Navy.

He also served on the board at Genencor International, Inc.

He received his undergraduate degree from the University of Virginia and an MBA from The Wharton School of the University of Pennsylvania.

Friday, June 12, 2015

Jim Rogers : US Rates will go Higher

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