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, December 2, 2012

Jim Rogers : If you haven't already downgraded US in your mind, do so now

Jim Rogers : The US fiscal cliff position will worsen going ahead, Obama will continue with his current policies, there will be more deficit spending which will make things worse for the US economy. Rogers advised investors to buy metals and agriculture related commodities. "America is going to have a slowdown in 2013-14, there will be fewer jobs, more unemployment and turmoil in oil and currency markets," Rogers said. "If you haven't downgraded America in your mind, you may do so." "You should be worried, I am worried," he added
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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