Wednesday, July 27, 2011

Jim Rogers : I wouldnt lend money to the United States in US dollars

Jim Rogers : I’m short United States government bonds, long term bonds. I wouldn’t lend money to the United States in US dollars for 30 years at three or four or five, or you name the interest rate. I wouldn't lend it to them  - in WSJ interview Click here to watch the full interview >>>>




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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