Video: Jim Rogers Warns about The Impact Of Tapering

Jim Rogers discusses the impact of the Federal Reserve`s tapering on the markets and on the global economy.



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%.

Tapering Will Be Disaster

"This is the first time that all the central banks are printing staggering amounts of money at the same time. There's an artificial sea of liquidity... This is going to be a disaster in the end." - in BBC News


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%.

Tapering , maybe in 2015

I don`t have an estimate because I don`t think it will happen anytime soon. Mr. Bernanke is certainly not going to do it, he wants to get out while he can, before it all falls apart. Mrs. Yellen undoubtedly will not do anything at first because I hope she knows, I hope she is smart enough to know that is it going to cause problems when they stop printing so much money. So I would suspect this will go on for a while, maybe 2015.

If and when they do start cutting back, the markets are going to react pretty badly and then they will probably loosen up again.

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%.

Jim Rogers