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, January 8, 2012
Short European Stocks
Jim Rogers : I am short stocks around the world. I'm short American technology stocks, I'm short emerging market stocks, and I'm short European stocks. - in Reuters
Labels:Jim Rogers
European stocks
Jim Rogers still holding onto his long dollar positions
Jim Rogers : "People, rightly or wrongly, when there is international turmoil, put their money in U.S. dollars. It is the wrong thing to do but that's what they do, so I still own my dollars," - in Reuters
The Euro will survive, in one form or another
Jim Rogers : "I own the euro just because there are so many people bearish and so many shorts in the euro. I do suspect that the euro will survive, in one form or another," - in Reuters
Agriculture is what I own a lot of
"Agriculture is what I own a lot of " Jim Rogers told Reuters in a recent interview
Labels:Jim Rogers
Agriculture
Gold could go to $1,200/oz
Jim Rogers : In my view, gold could go to $1,200-$1,300 (an ounce)... Gold has been up 11 years in a row which is extremely unusual in any financial asset so gold is overdue for a correction," - in Reuters
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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 "