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%.
Showing posts with label China Real Estate. Show all posts
Showing posts with label China Real Estate. Show all posts
Thursday, January 5, 2012
The Chinese economy is not just real estate and real estate speculation it is much broader than that
Jim Rogers : I do not know if it is a soft-landing. Some parts of the Chinese economy are going to collapse. China has been doing its best to cool off the real estate bubble and they are starting to work. So I suspect some parts are going to have a very hard landing. Other parts of the Chinese economy are going to boom. But when people do slowdown there will be some hard landing in some sectors. Of course this will affect the demand for everything especially copper, cement, and things like that. So I would certainly see a slowdown in China’s demand for building material; things which go into building infrastructure. But that is not the end of the Chinese economy. The economy is not like the one in America and the UK when essentially it was wrapped up in real estate and real estate speculation. The Chinese economy is much broader than that. - in ET Now
Labels:Jim Rogers
China Real Estate
Monday, February 15, 2010
Analysts Fear China Housing Bubble May Burst
Analysts Fear Chinese Housing Bubble May Burst
China's real estate boom has media sources debating the possibility of a massive housing bubble and what a burst would mean for the global economy.
China's real estate boom has media sources debating the possibility of a massive housing bubble and what a burst would mean for the global economy.
Labels:Jim Rogers
China Real Estate
Monday, January 18, 2010
Real Estate in China getting into a Bubble Zone
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There is no Commodity Bubble anywhere insight Jim Rogers reassures
"I am delighted to see what China did because some of the real estate in China was getting into a serious bubble. It’s good for China and therefore good for most of us. They need to cool off their economy. They cannot get it too strong but China does not control the commodities market by any stretch of the imagination.
The Chinese economy as strong as it is about one-tenth of the size of America and Europe. Hence, we need China but that is not going to set the pace." says Jim Rogers
Q: Do you agree with people or commentators who believe there are many bubbles which are already forming in the commodity space because of the liquidity injection or do you think we are nowhere close to that?
A: Gold made an all time high recently but everything else is still very depressed compared to its all time high. What kind of bubble are you talking about? Name one commodity that is in a bubble and all time high except gold.
Q: There has been a big resurgence in trading interest in crude as well, for 2010 would that be a commodity to watch?
A: I own crude. I don’t think I would buy it right now. It’s gone up a lot in the last 12 months. I own all commodities. They are the best place to be. If the world economy gets better, commodities are going to lead the way because there are shortages developing in most commodities.
If the world economy does not get better then commodities are good place to be because they are printing so much money all over the world. So I would rather be in commodities, in just about anything. What is this bubble we are talking about? Cotton is 60% below its all time high and silver is 70% below.
Click here for a full Verbatim Transcript >>>
Labels:Jim Rogers
China Real Estate
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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 "