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, December 2, 2011

Jim Rogers owns both Physical & Paper Gold and sees Correction Coming

Legendary investor Jim Rogers on CNBC - 29 Nov 2011 asked about the physical gold versus the paper gold : The paper market has become huge in the past few years just like the paper wheat market is much more important than the physical wheat market , the paper market in gold and in precious metals can go both ways of course because it is a lot easier for people to sell their gold now , you got to see a lot of redemption in the paper market and that's going to drive down the physical market . Jim Rogers Sees Gold Correction . The price of gold has been rising for 11 years in a row and the precious metal is due for a correction, investor Jim Rogers, chairman of Rogers Holdings, told CNBC.

Jim Rogers : Marc Faber is Wrong about China

Jim Rogers does not agree with Marc Faber who has been warning brecently that the chinese economy is on the verge of collapse : "Marc still does not understand China. There are going to be several hard landings in the next few years, but China’s will be less hard overall than others such as Greece, U.S., et al," legendary investor  Jim Rogers told CNBC in an email - in CNBC
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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