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%.

Friday, June 1, 2012

Jim Rogers : Be very worried about 2013 and 2014

Jim Rogers : " Kathleen every four to six years since the beginning of the Republic, we've had economic slowdowns, we've had recessions. Always. It's coming again, now you can add as well as I can 2013 or 2014, we're going to have another slowdown, whether it's caused by Europe or who knows what going caused it, but it's coming . This year it is going to look good and feel good , because Mr Obama is going to give a lot of good information it may be manipulated information but he is going to put out a lot of good information he is going to spend a lot of money he is going to print a lot of money to get us through the election , be very worried about 2013 be very worried about 2014, because that's when the next slowdown comes. In 2002 we had a recession in 2008, it was worse because the debt was so much higher, it is going to be even worse because the debt is so staggeringly high now. So if you are not worried about 2013, please get worried
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%.

Jim Rogers : once Shanghai opens up as a financial center It will be all over for the West

Jim Rogers : "Once you have free flow of capital, a transparent system and not just the full convertibility of the Chinese currency but the freedom to buy Chinese shares and commodities, then it is all over for the West,"
"The financial centers of the world would move to China. It is not going to happen in an afternoon but everywhere else would be finished."
"This is 2012, it doesn't take people long to work out how to do this. All it requires is an Internet connection, a telephone, computers and a few people who can spell derivatives. Anyone could set up tomorrow," says Jim Rogers Speaking from Oxford on a visit to Balliol College, where he attended university - via chinadaily
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%.
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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