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%.

Friday, November 26, 2010

Howard Davidowitz : Obama Deranged, Dysfunctional, Discredited

Here are the numbers...we're broke," Davidowitz declares, noting the U.S. government goes $5 billion deeper into debt every day and is facing $1 trillion-plus annual deficits for the next decade. "In other words, we're bankrupt."

Jim Rogers on Korea war and Gold

Jim Rogers :"If the war is breaking out, gold is going to continue to go higher over the decades; high gold was and has been in a normal correction, gold was well over $1400 an ounce but gold has been correcting down, went down may be $100 an ounce. Do not know exactly how much it went down.


So within a normal correction if this scare is up, of course people are going to jump in the gold, they always do. If this scare is real, then gold is going to go a lot higher on this route, it will go to, you fix a number, I do not know. However, if tomorrow the North Koreans say ‘oh gosh, we made a mistake. We are sorry’, then things will calm down a great deal, but gold is going to go much higher over the decades, we talked about that several times. " 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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