"Many Russian bonds are under sanctions, and I can't just pick up the phone and buy them. I as a US citizen and many other citizens of Western countries can't legally buy the majority of Russian sovereign bonds. It's absurd!" Rogers said.
"I am suspicious (about Eurobonds) because I'm not that optimistic about the euro, and they will be in dollars or euros. If I buy Russian bonds, they will be in rubles," he said. Read more: http://ria.ru/economy/20160321/1394122049.html
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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