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%.
Friday, January 1, 2016
Jim Rogers Outlook on The Dollar and The Forex Market
JIM: My largest currency position on the long side has been in the US dollar for the last 2-3 years. The US is terribly over-indebted country with the largest debt in the history of the world. The US dollar is not sound. But with a lot of turmoil coming, people think US dollar is a safe haven. What I expect to happen is that turmoil will get worst and the dollar will go higher—it is already over-priced—and may turn into a bubble. My plan is to then sell US dollar. What I will buy, I don’t know—gold or the Chinese renminbi, if it might be convertible by then—who knows. I may even buy the Indian rupee if Modi comes along and gets things done. - in btvin.com
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%.
Subscribe to:
Post Comments (Atom)
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 "
ReplyDeletegames
العاب بنات
العاب
لعبي
لينكاتي
منتديات سعودي
مركزتحميل سعودي
سعودي كام
شات الجوال
العاب
منتديات جنون
وظائف سعودية
العاب سيارات
العاب بلاي
شات صوتي
سعودي كام
زين كام
games
العاب بنات
العاب
لعبي
لينكاتي
منتديات سعودي
مركزتحميل سعودي
سعودي كام
شات الجوال
العاب
منتديات جنون
وظائف سعودية
العاب سيارات
العاب بلاي
شات صوتي
سعودي كام
زين كام