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%.

Thursday, January 20, 2011

Jim Rogers : high gold was and has been in a normal correction

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

US and China sign multi-billion dollar trade deal

Chinese President Hu Jintao said China had made "enormous progress" on human rights but acknowledged that "a lot still needs to be done" during a joint press conference at the White House with his US counterpart, Barack Obama.

China , The Rising Superpower : Crouching dollar, floating yuan

The Chinese President Hu Jintao is enjoying the red-carpet treatment in Washington DC against a backdrop of increasing tension between his country and the US.

As the two leaders meet, a number of US lawmakers are demanding again that China allow its currency to float against the dollar - arguing that a weak yuan is hurting American business.

But is China really listening? Its global expansion takes in every corner of the globe. And its influence is growing. Will this be China's century? Will the US have to live in China's shadow?

Inside Story, with presenter David Foster, discusses.

Will The Yuan overtake The US Dollar ?

US President Barack Obama is hosting China's President Hu Jintao to discuss their economic co-dependence, currency and trade. Does this mean the US is losing ground to China's new found success? RT's Kristine Frazao is joined by Andrew Gavin Marshall from the Centre for Research on Globalization and Michael Hudson, Professor of Economics at the University of Missouri.



That´s what happend with a country that created so much war.

US is broke and stiil continue wars .

possibly we're witnessing the birth of ''The United States Of China''.

Investing in China

Jan. 19 2011 | Highlighting the President's meeting with Chinese president Hu Jintao and business leaders, with Muhtar Kent, Coca-Cola CEO.

Should Your Kids Be Learning Chinese?

January 19, 2011 CNN
Jim Rogers has made it a point to have his children learn Mandarin. He sees China as the 21st century capital powerhouse. England had it's chance in the 19th century, the USA had it's chance in the 20th century, the 21st century will belong to China.1/5th of the world speaks either Mandarin or one of the variant dialects (e.g. Cantonese). Just as learning English opened up business in the 19th/20th/21st century so Chinese will become increasingly prevelant in the latter part of the 21st century.
I'd like to take a moment to THANK the  idiots that have run this country for the last 20 years, you've made China the success we always wanted to be ourselves. All the men and women that have died to build America into the powerful country that it WAS Thank you too
I want America back on top again ... our Government is acting like their getting ready to give that up forever.

But from another side : china's internal debt is on par with the UK, 60+% of GDP. the real estate market is the biggest bubble seen in the modern era; in jan, 2010, prices increased 11% and in march, 2010, another 11%. why? 90% of china's wealthiest are children of senior party officials and the trend goes down the ranks. they got the majority of the stimulus $ which they pumped into the real estate and stock markets.
in 2008, there were over 100,000 "incidents", beijing's euphemism, in which security forces were obliged to intervene to restore order. unemployment is @ 20%. china is a 3rd world thugstate ripe for revolt.
consider:
-h. kissinger opened china to western "investment". every time you buy at walmart, you generate profits for the very banksters who crashed our economies
-6.8 falun gong and political prisoners, denied soap and toilet paper, slave 18hrs/day to produce toys for your kids
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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