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 US Dollar. Show all posts
Showing posts with label US Dollar. Show all posts
Wednesday, October 29, 2014
Currently I am long on The US Dollar
Why are you buying US dollars now? Are you betting on the US economic recovery?
Jim Rogers : The US dollar is partially gaining strength because there is turmoil in the markets; people are worried about the Middle East, Russia, and when people are worried, they quickly resort to the US dollar to make payments. The US dollar is not safe haven anymore, but people don't understand that. As long as there is turmoil in the world, the dollar will go higher and higher, and this will hurt many countries and economies. And my plan is when the dollar goes higher and higher, I will sell the dollars. Having said that, currently I am long on dollars. - in ET Now Oct 7, 2014
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%.
Labels:Jim Rogers
US Dollar
Friday, March 18, 2011
Jim Rogers Bullish on US Dollar
Mar 17, 2011 Yahoo Techticker Interview with famed Investor Jim Rogers about the US Dollar ...:
Jim Rogers : well I am actually thinking about buying US Dollar , We're at a moment of truth for the dollar, there are a lot good news for the dollar you have the middle east erupting , supposed good news for the dollar ,all these people are supposed to be fleeing to the US Dollar for safety but it is not happening , when you start seeing good news for something and then it goes down it is usually the sign you better get out fast , "I am thinking of buying it because if doesn't keep going down then it will have a big rally , if it goes down 3% or 4% from here, I would have to sell and get out and hope I'm still solvent."
Jim Rogers : well I am actually thinking about buying US Dollar , We're at a moment of truth for the dollar, there are a lot good news for the dollar you have the middle east erupting , supposed good news for the dollar ,all these people are supposed to be fleeing to the US Dollar for safety but it is not happening , when you start seeing good news for something and then it goes down it is usually the sign you better get out fast , "I am thinking of buying it because if doesn't keep going down then it will have a big rally , if it goes down 3% or 4% from here, I would have to sell and get out and hope I'm still solvent."
Labels:Jim Rogers
Jim Rogers on Tech Tick,
US Dollar
Tuesday, March 8, 2011
Jim Rogers : I own the US dollar at the moment because there have been many skeptics on the US dollar
Jim Rogers :"...I own the US dollar at the moment because there have been many-many skeptics on the US dollar. I expect it to rally for a while. I do not know whether I would own it for a week or a month or a year. I just do not know. I do know that as long as there are many-many skeptics, there is a good chance that it will rally, there are some things going on in the US which may cause the rally to go even further. I am not selling my dollars if it goes down, I might even buy more US dollars, but longer term the US dollars may be in terrible-terrible shape. It is a very flowed currency; I do not plan to own the US dollar 5-10 years from now at all and may be sooner. ..."
in ET Now
in ET Now
Labels:Jim Rogers
US Dollar
Monday, January 10, 2011
Jim Rogers : Outlook for the US Dollar in 2011
Jim Rogers : "...I own the US dollar at the moment because there have been many-many sceptics on the US dollar. I expect it to rally for a while. I do not know whether I would own it for a week or a month or a year. I just do not know. I do know that as long as there are many-many skeptics, there is a good chance that it will rally, there are some things going on in the US which may cause the rally to go even further. I am not selling my dollars if it goes down, I might even buy more US dollars, but longer term the US dollars may be in terrible-terrible shape. It is a very flowed currency; I do not plan to own the US dollar 5-10 years from now at all and may be sooner. ..."
Labels:Jim Rogers
US Dollar
Tuesday, December 22, 2009
Jim Rogers recommends US Dollars and Gold for 2010
"Mr Geithner is a smart person from what I understand but he has been wrong about everything for the last 15 years. Why are we listening to him? Why are we listening to any of those guys? They are making our situation worse. They said in writing yesterday that the solution is to spend more money, that’s what got us into the problem, too much debt too much consumption and now we are going to solve it with more debt and more consumption? That’s like telling Tiger Woods, you got another girlfriend then you solve your problem".
"(Obama) is making the situation worse for us. We are all going to pay the price for this in one-two or three years. The next time we have problems in the economy, which will not be too long, we don’t have any bullets left, we have shot everything we have. What are they going to do? Quadruple the debt, print more money. We don’t have any trees left. "
"(Obama) is making the situation worse for us. We are all going to pay the price for this in one-two or three years. The next time we have problems in the economy, which will not be too long, we don’t have any bullets left, we have shot everything we have. What are they going to do? Quadruple the debt, print more money. We don’t have any trees left. "
Labels:Jim Rogers
US Dollar
Subscribe to:
Posts (Atom)
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 "
