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%.

Thursday, January 6, 2011

China s Role in Europe

Thurs. Jan. 6 2011 | China's vice premier has expressed interest in buying more Spanish bonds. David Buik, partner at BGC Partners, shares his thoughts on China's growing role in Europe's economy, with CNBC's Anna Edwards, Lisa Oake and Yousef Gamal El-Din.

Jim Rogers The future of Rare Earth Metals is great

Jim Rogers :"....Well, China does produce 97% of rare earth. Uranium is not a rare earth, but they do produce a lot of uranium as well. The future of rare earth is great. What is happening is the prices are going through the roof because the Chinese do control the supply, but it is pure simple capitalistic economics now. A lot of other people are opening mines because they can make a lot of money and governments are behind the companies opening new mines. So it’s all going to bring a new supply and eventually the price of rare earth will come down again. But in the mean time until the new mines can come on stream, somebody is going to make a lot of money...."

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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