Jim Rogers : I can't really say it because if I did i'll go to jail , no I mean it's totally outrageous what happened , segregated accounts - the first thing you learn when you go into the e commodities business is segregated accounts are sacrosanct. no matter what.you can find loopholes or whatever you want bto but that's the last thing you are supposed to touch , . I don't see how you can avoid jail now. What do I know know. you're innocence until proven guilty in America, but that's very bad for all of us.
- in CNBC 06 Dec 2011
Click Here to watch the full interview >>>>>>>
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 MF Global. Show all posts
Showing posts with label MF Global. Show all posts
Wednesday, December 7, 2011
Monday, December 5, 2011
Jim Rogers on The MF Global impact on the Commodities market
Jim Rogers : I own all commodities , I especially own food and precious metals , but first I have to remind you Steven in the last few weeks MF Global went bankrupt , and MF Global was a huge player in the commodities market , there is a lot of artificial forced selling going on , it's artificial selling it's forced selling and when a huge player goes bankrupt it has a lot of ramification , when this is passed I would suspect that commodities will continue to go higher and that you are going to continue to see more inflation , governments continue to print money I do not like it that's all they know to do ....- in CNBC
Labels:Jim Rogers
MF Global
Wednesday, November 23, 2011
MF Global bankruptcy causing artificial commodities sell-off
Jim Rogers : "With MF Global going bankrupt – which was a gigantic commodities firm – there was a lot of artificial forced liquidation of commodities. People have to sell whether they like it or not. It's artificial selling right now," - in CNBC
Labels:Jim Rogers
MF Global
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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 "