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 dollars. Show all posts
Showing posts with label US dollars. Show all posts

Friday, January 28, 2011

Jim Rogers : I do not plan to own the US dollar 5-10 years from now at all

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. ...."
in www.economictimes.indiatimes.com

Wednesday, December 1, 2010

Jim Rogers : I might buy more US dollars

Jim Rogers :"...I am always looking at everything to buy and sell. I watch the markets here everyday, every week, every month because if something happens, I want to know and I told you that I was buying some US dollars because everybody was extremely pessimistic on US dollar. I might buy more US dollars if this is going to be serious (Jim Rogers is speaking here about The possible war in Korea). Not because I am optimistic about the dollar, but because for whatever reason, people jump into dollars when there is war..." via ET Now
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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