Speaking to attendees at the fourth annual Innovative Alternative Investments conference in Denver yesterday, Jim Rogers acknowledged that loose monetary policy and a government-engineered slowdown in China are contributing to a price "hiatus" in a number of key commodities.
But this presents opportunities. Sugar, he noted, was about 75% off its highs and is trading at levels not seen since the 1973-74 recession. - in the Financial Advisor
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%.
