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

Jim Rogers on MF Global & Jon Corzine

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 >>>>>>>

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

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

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 "
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