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, April 18, 2010

China GDP Up Nearly 12% Economy Booming

China Economy Booming / GDP Up Nearly 12%

April 18, 2010China GDP Grows 11.9% in the first quarter. CPI is up 2.2% with the Food Component up 5%



Jim Rogers - Wall Street bailouts are damaging the System

Night Talk: An Interview With Jim Rogers Chairman of Rogers Holdings

Jim Rogers I am worried when I see what is happening in the United States
I hope you are worried says Jim Rogers because d when I see what is happening in The United States it is worse everyday , when you see the demise of the UK I am afraid it is happening in here , because those guys in Washington they make mistake after mistake after mistake , the biggest mistake they made is going to Wash should have stayed home...we are spending trillioins of dollars bailing out wall street and their mistakes and that is damaging the whole economy ....300 million Americans to bail out a million people and their failures , this is not good for America we are damaging the system , we are weakening the system dramatically



Jim Rogers president of Rogers Holdings is a successful hedge fund manager, investor, writer and regular media commentator. In the 1970's he co-founded with George Soros the Quantum Fund, a private investment partnership which invested in commodity futures, among other investment vehicles, and experienced superior returns over 10 years. former partner and co-founder of the Quantum Fund, and a truly legendary international investor who helped generate a 4,200% total return over a 10-year period .Jim Rogers is always bullish on Asia Commodities Agricultural Products gold and silver . Rogers has been chronicled in John Train's “Money Masters of Our Time”, Jack Schwager's “Market Wizards” and other books. He is the author of several books on investing and the market, and in December of 2004 published “Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market”. Jim Rogers once said about investing in commodities :"Investing in commodities can be a hedge against a bear market in stocks, rampant inflation, even a major downturn in the economy. In fact, I believe that investing in commodities will represent an enormous opportunity for the next decade or so.”
Jim Rogers Commodity Index Rogers International Commodity TRAKRS , trades on the Chicago Mercantile Exchange under the ticker symbol RCI. The RCI represents the U.S. dollar value of a basket of 35 commodities consumed in the global economy both in developed and emerging markets


Jim Rogers on Europe Portugal and Greece

In a recent interview Jim Rogers when asked about his opinion on what is happening in Europe and in Particular in Greece and Portugal : " I find it pretty absurd what is happening in Europe. I find it absurd that people who have been doing the right thing—Germany and some other countries—are suddenly going to have to pay up people who have been doing the wrong things—spending huge amounts of money they didn’t have and lying about it as well. I find that absurd.

In my view the best thing that could happen will be for Greece to go bankrupt. It will be good for Greece, it will be good for euro and it will be good for Europe because people would understand that Europe is going to have sound currency. They are not going to lead people spend money. They don’t have and if they did that, and we all realize this is going to be a sound currency, I and probably many others could buy lots of euros."
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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