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%.

Wednesday, December 19, 2012

Jim Rogers : Gold Bulls be very Cautious You are Headed for a Big Shock

Jim Rogers : "India's got a big balance of trade deficit – some Indian politicians are starting to blame it on gold," "[If they] figure out a way to cut or crimp imports of gold – if something like that happens, that will be a big shock to all those bulls on gold and who knows how low it can go." "If gold goes down – I hope I'm smart enough to buy more. If it goes down a lot, I hope I'm smart enough to buy a lot more," Rogers told CNBC today
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%.

Jim Rogers : Be Careful , Gold Correction could continue for a while longer

Jim Rogers :  "Just be careful, there're too many bulls, including me, but I'm very cautious," "Gold is having a correction— it's been correcting for 15-16 months now— which is normal in my view, and it's possible that [the] correction is going to continue for a while longer.""Most things correct 30 percent every year or two, even in big bull markets – 30 percent corrections are normal and yet gold has only done that once in the past 12 years," "Gold on any kind of historic market basis is overdue for a nice correction."Rogers told CNBC today .



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%.
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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