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 FED. Show all posts
Showing posts with label FED. Show all posts
Sunday, December 29, 2013
Saturday, April 23, 2011
Jim Rogers the central bank in America is run by a madman
Jim Rogers the central bank in America is run by a madman if you ask me he does not understand what's happening with the dollar , he does not understand inflation he is an academic who have studied printing money all his life and now America is giving him the printing presses and he is running them as fast as he can I would urge you to get out of the US dollar while you can says Jim Rogers , but the most amazing thing about this interview is that it was made four years ago , in 2007
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%.
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%.
Labels:Jim Rogers
FED,
Interest rates
Monday, March 21, 2011
Jim Rogers: Close the FED ! March 21, 2011
March 21, 2011 : Jim Rogers sounds off on FED , the FED's many mistakes will lead to its demise, the FED creates more problesms it does not solve them ...QE2 will end with higher interest rates higher inflation lower US Dollar , currency turmoil
Jim Rogers : " (QE2) will end with higher interest rates higher inflation lower US Dollar , currency turmoil , it's going to end very badly for all of us , I mean it's a disaster what they are doing , the good news is that they are making so many mistakes that they are ultimately will lead to the demise of the Federal Reserve and we'll finally going to get rid of the central bank at the united states "
"close the Federal reserve , look we had three central banks in the US history , the first two disappeared this was going to disappear too , between Greenspan and Bernanke they make so many horrendous mistakes , three years ago the US central bank had 800 million of government bonds on its balance sheet , now it got who knows may be three trillion of garbage and junk and they continue to add more leverage , more money in circulation , more currency , I mean this is a disaster for all of us , look without a central bank the world has problems, but the world does not have as many problems as this central bank is imposing on us as American citizens and in the world "
Jim Rogers : " (QE2) will end with higher interest rates higher inflation lower US Dollar , currency turmoil , it's going to end very badly for all of us , I mean it's a disaster what they are doing , the good news is that they are making so many mistakes that they are ultimately will lead to the demise of the Federal Reserve and we'll finally going to get rid of the central bank at the united states "
"close the Federal reserve , look we had three central banks in the US history , the first two disappeared this was going to disappear too , between Greenspan and Bernanke they make so many horrendous mistakes , three years ago the US central bank had 800 million of government bonds on its balance sheet , now it got who knows may be three trillion of garbage and junk and they continue to add more leverage , more money in circulation , more currency , I mean this is a disaster for all of us , look without a central bank the world has problems, but the world does not have as many problems as this central bank is imposing on us as American citizens and in the world "
Labels:Jim Rogers
FED
Tuesday, February 8, 2011
Jim Rogers : Bernanke does not understand finance economics currencies all he understands is printing money
Jim Rogers :"...what you have to do is you have to find things that will protect your assets real assets silver rice natural gas something that will hold its value in an inflationary time , ......."....I do it two ways , I own gold and silver coins in my hand in my house in my box , I also own gold and silver futures that's another way to do it , or rice futures you can do it by buying futures if you know what's you are doing be careful always be careful..."... "Of course that's one of the best times , first of all be sure you do your homework for goodness sake do your homework , just because you see somebody on TV saying buy silver , do not do it until you know a lot about silver , but if you do your homework and you see that things are gonna be good for silver on days that silver goes down you buy yourself some silver , do not buy when it's going up , you buy when it's going down ..." " I own both , silver is 40% below its all time high Gold is making all time highs between the two , be sure you understand I own both , I think you will make more on silver going forward ....it is cheaper historically...." Bernanke he does not understand finance economics currencies all he understands is printing money and now we have giving him the printing presses he has run those printing presses as fast as he can ..."
Labels:Jim Rogers
FED
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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 "