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, October 6, 2015

Oil Prices : A Rebound is around The Corner



Oil has held near $45/bbl for more than four weeks after plunging to a six-year low in August, even as U.S. crude stockpiles stay about 100 MMbbl above the five-year seasonal average and OPEC pumps above its output target. When prices fail to respond to bad news it’s usually a sign a rebound is around the corner, investor Jim Rogers said last week.



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%.

1 comment:

  1. HighlandermcdOctober 7, 2015 at 1:29 AM

    Thanks Jimmy for the encouraging forecast of an oil rebound.

    ReplyDelete

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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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