Abolish the Fed and Resign

It was an historic day on Wall Street with the Dow topping 16,000 on Monday. We'll tell you why-and-what caused the run. And the revolving door of Washington-to-Wall-Street takes another spin! This time it's Timothy Geithner in the turnstile. We'll tell you where he's going. Also, "What Would Jim Rogers Do"? We follow up with the legendary investor, and bow-tie aficionado, to get his take on what he would do if put charge of the Fed. Finally, foreclosures are up from September. In some cities one in every 300 homes received a foreclosure filing last month. Is yours on the list? Rachel Kurzius and Erin discuss in today's Big Deal.

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 Goldseek Radio Interview - Nov 12, 2013

GSR interviews JIM ROGERS - Nov 12, 2013

Jim Rogers is the author of Adventure Capitalist: The Ultimate Road Trip and Investment Biker: On the Road with Jim Rogers. He is an investor who has been chronicled in Jon Train’s Money Masters of Our Time, Jack Schwager’s Market Wizards, and other books. He has been frequently featured in Time, The Washington Post, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times, and most publications dealing with the economy or finance. He has also appeared as a regular commentator and columnist in various media and has been a visiting professor.
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%.

US Stock Market : It’s Artificial what’s going on

Tekoa Da Silva: Jim, you mentioned in Street Smarts a very interesting quote, that when selling during bull markets and a bull market top, “What you want is a kid with very little experience, and just enough brains to be dangerous.” What did you mean by that statement, and are there markets in the world today that you see dominated by kids with just enough brains to be very dangerous?

Jim Rogers : Well, I suspect the United States stock market at the moment, is one of those markets. It’s artificial what’s going on, you have this lady in Washington printing a lot of money, and it’s a very artificial kind of scenario. Now unfortunately—I know that. But a 25 year old will think this is the way the world is; stocks are going up, everything she buys works, and she has nothing to worry about, she thinks this is the best thing ever. It’s a market like this that you need somebody who doesn’t understand what’s going on, and I’m sure there are other markets like it too, but the U.S. is the obvious example of a market like that as we speak, herein, going into 2014. - in Goldseek

Jim Rogers

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: Land Reform, Easing of the one-child Policy and Cleaning up Pollution Biggest Event of Next 10-20 Years in China

By Kevin Kingsbury 
The initial reaction from many following this month’s key gathering of communist-party leaders in China was of disappointment as Tuesday’s blueprint left much to be desired. But on Friday came a significantly more in-depth document regarding issues like land reform, easing of the one-child policy and cleaning up pollution.
It’s all left famed investor Jim Rogers believing “the most important economic event of the next 10 to 20 years is what happened in Beijing.” And it’s something he says has been largely ignored, notably by Western media.