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%.

Wednesday, January 27, 2016

Oil to be Making a complicated Bottom in the next few Months



Ed Milewski: I mean outside of precious metals, do you think any of the other commodities will be driven higher as we enter a hyper-inflationary period?


Jim Rogers: Well yes…that’s what I was leading to. I do expect the precious metals to get a lift but other commodities too because people will be desperate for real assets. Agricultural commodities will be in great demand at that point. But oil too. I mean, oil is bound to be making a bottom some time in the next few months. It’s a complicated bottom obviously…but if oil goes to – you pick the number – then of course, oil’s going to make a bottom too, and when people start to look for places to put their money, they’re going to be looking for real assets and getting out of their dollars. They’re going to be looking for real assets because they know the banks are just totally debasing the currencies all over the world. - in midasletter









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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