Miss Yellen is very keen on printing money. She was very much behind the scenes in this money printing. So she is not likely to stop. If and when they do start slowing down, the markets will probably go down a lot she will get scared, all of them will get scared, because they are bureaucrats, they are not very smart people. So they will get scared and start printing again. The Japanese are not going stop. The Americans are not going to stop. The English are not going to stop. The Europeans have said we will do whatever it takes, so I do not see anything stopping this until eventually the market just says we are not going to take it anymore and then there will be a crisis and then the market may force them to stop. I do not see any permanent or serious end of tapering until the market forces them to. There maybe temporary attempts at it, but these people are going to panic when things start dropping a lot.
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%.
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| Jim Rogers |
