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, March 17, 2011

Japan crisis to increase demand for commodities says Jim Rogers

Global Investor Jim Rogers, Chairman, Rogers Holdings in an interview with the Indian TV station ET Now on March 14 2011 said that he believes that the Japan crisis will increase the demand for both soft and hard commodities : "No, it will increase demand because with the nuclear power plants being closed down or damaged or under duress, Japan will have to import more oil, everybody in the world will now look at their nuclear power plants again and probably have more demand for oil and natural gas. Japan is now going to rebuild, that is going to cause big increases in demand for copper and other things. Japan wasn't building very much in the past 10-15 years, now there is going to be a big jump in the demand for building materials in Japan." he said

Jim Rogers on The Economic Impact of Japan nuclear disaster

This interview with famed investor Jim Rogers was recorded on March 15, 2011 by the Indian TV NDTV : Some of Japan's leading firms, including world's biggest car maker like Toyota,have closed all of their plants in the country. The closures will likely to hit key exports of the world’s third largest economy."the near you are to Japan the most likely you trade with Japan the more you will have collateral damage " says Jim Rogers "normally when something like this happens it leads to a chance to buy things , all man made or natural disasters in the past meant that you could buy something , now I am not buying anything I am just watching at the moment , this is horrible and we do not know how it all gonna wind up , I would thing buying commodities would be better than buying stocks but I might buy both " Rogers added

Jim Rogers : Rising food prices will cause worldwide Unrest

Jim Rogers : "The price of food will go through the roof, and as this happens you will see more social unrest, more governments fail and more countries failing. If people do not understand that they should not be investing.
"There is going to be a lot more political turmoil in the world in the next few years,"
in Investment Week www.investmentweek.co.uk
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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