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 29, 2010

China Aims To Internationalize Currency

Ronald Arculli, chairman of the Hong Kong exchanges discusses the internationalization of the Chinese currency.

Renminbi to Touch Fresh Highs Before 2011

Dec. 28 2010 | Thio Chin Loo, senior currency strategist at BNP Paribas, believes the yuan will approach new highs before the end of 2010. She explains why to Yu-Dee Chang of ACE Investment Strategists, Arjuna Mahendran of HSBC Private Bank and CNBC's Martin Soong & Adam Bakhtiar.

Bill Gross of PIMCO Bullish on Munis

Dec. 28 2010 | Bill Gross, co-CIO of PIMCO, tells CNBC why he thinks muni bond yield returns are attractive.

Rare Earth Stocks Again on Move Higher After China Cuts Export Quotas

Stocks of companies engaged in rare earth mining are again on the move higher this morning after gaining in Tuesday's regular session following reports China reduced its rare earths export quotas by 11% in the first round of permits for 2011. The move could worsen a global shortage of minerals used for such products as smartphones, hybrid cars and guided missiles, according to media reports.

Rare Element (REE) is up 7% in light-volume early trade after notching a 10% gain Tuesday. China Shen Zhou Mining & Resources (SHZ) is advancing 3% this morning following a nearly 21% gain yesterday.

Rare Element is up 7% early Tuesday on the news, or by almost a $1, to $13.85.

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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