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%.

Wednesday, June 23, 2010

Jim Rogers : Somewhere Along The Line I Expect to Buy BP

Jim Rogers was asked if he is a buyer of BP or is he waiting for it to go down further ; "I am just watching , there is no reason for me anyway to jump in there are plenty of brave people who can jump in ...." " I have no idea of what's going on in the bottom of the ocean" I am just setting and waiting..in my experience it is great to buy something when there is a disaster , but in my experience also there is usually plenty of time even after the disaster comes to an end there is usually plenty of time to buy into the problem , so I am just watching.... ... in another similar interview Jim Rogers had this to say about BP opportunity : "Is it the end of BP? I doubt it. Somewhere along the line I expect that I will buy BP. But I'm not buying it now - just watching to see what happens."


Jim Rogers loves Gold invests in Silver

Jim Rogers bullish on Gold and Silver - 22 June 2010 The Street.com

(TheStreet.com) - Legendary investor and author Jim Rogers, chairman of Rogers Holdings , reveals how he's trading gold and which precious metal he thinks has the most upside.
Jim Rogers : "As far as I'm concerned, gold will go certainly much higher over the next decade or so." "Governments all over the world are debasing money at a rapid rate and that has always led to higher prices for real assets throughout history and it will this time too. "....
Jim Rogers: Silver is 70% below its all-time high, 60% or 70% below its all-time high. Gold is making all-time highs.if I were looking at precious metals I would be looking at the ones that haven't moved as much. If one doesn't own gold, and one doesn't want to buy the others for whatever reason, one should start waiting for some sort of correction and then buy some gold. But as I said, the others are much more depressed historically than is gold."
"there is gonna be a huge bubble in precious metals by the end .I don't know when that will be;you know.. ask me in 2018, 2020 ... Most bull markets long term bull markets wind up in a huge mania, a huge bubble before it's over and this one will too. Someday, everybody will own gold. Someday, people will be walking down the streets checking gold prices in shop front windows."
Jim Rogers investments Silver Gold Platinum Palladium Commodities Sugar Wheat
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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