Jim Rogers on the debt ceiling

Jim Rogers :    "If they raise the debt ceiling that means that the government is going to go on for few more weeks few more months until they run up against the debt ceiling again that does not change policy that just says we gonna continue spending all this money , spending all this money is very bad that's the point I am making that overall situation is getting worse because we are going deeper and deeper into debt " in Fox Business News with Judge Napolitano


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%.

China to consolidate The Rare Earth Metals sector

China to shake up The Rare Earth Metals Industry , Mike Elliot, global mining & metals leader at Ernst & Young, believes Beijing's move to consolidate the rare earth sector and the creation of the new Baotou exchange in Mongolia will directly impact exports and prices of the mineral.