Monday, July 18, 2011

The 30 Years US bond market bull market will come to an end soon

Jim Rogers : " ...Interest rates in the United States are very very low , I cannot conceive how anybody would be lending money to the United States for thirty years at 3 or 4 or 5 or 6 percent interest in US Dollars , the dollar is a terribly flawed currency , the US government is the largest debtor nation in the history of the world , no I cannot conceive that , it does not mean there cannot be rallies but the US bond market has been rallying for thirty years it has been going up for thirty years that's another reason they sell it , that thirty year bull market I think it is going to come to an end sometime in the foreseeable future " - in Reuters








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%.

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