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%.

Sunday, January 1, 2012

Will the Euro survive?

Jim Rogers : Let's hope it does and then Spain will not go bankrupt. Within ten years I don´t expect the euro to disappear because of elections and everybody´s going to try to keep things together. But certainly by the end of the decade, I do not expect to see the euro, certainly not in the actual form. But too many political problems, too many economic problems for it to survive as we know it and it may just disappear entirely. - in El Economista

Invest in commodities themselves rather than commodity stocks

Jim Rogers : .....I just remember in the '70s stocks went down and did nothing or economies did nothing and yet commodities themselves went through the roof. some commodity stocks, of course, did well in the '70s, but yale did a study recently showing you would have made 300% more investing in commodities themselves rather than commodity stocks so I'm sticking with the real commodities. - in CNBC

China hard or soft landing ?

Jim Rogers : some parts of the Chinese economy have a very hard landing . they're going to pop the real estate bubble and they're doing it, but that's not the whole Chinese economy. there are many parts of the Chinese economy which will boom no matter what happens to real estate in Shanghai and Beijing.- in CNBC

2013 is going to be much worse than 2012 for America

Jim Rogers : You know 2013 if we last, if we make it to 2013, 2013 is going to be worse. There´s an election in America in 2012. The government is going to extend as much money as it can to win the election, and the people who get that money are going to be better off because there´s a government throws billions of dollars out into the economy. Somebody´s got to get that money. But those people and their friends are going to be better off. But the overall situation continues to get worse because the debt goes higher and higher and higher, and the rest of us ultimately are going to be worse off. And certainly by 2013 when all of that extra spending for the election stops, 2013 is definitely going to be a very bad year in the U.S. and in the world. - in El Economista
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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