Friday, July 15, 2011

Jim Rogers On Moodys Warning Of US Downgrade

Jim Rogers On Moody's Warning Of US Downgrade , Moody's says it's reviewing America's top triple-A debt rating for a downgrade : " The US Rating rating should have been downgraded years ago , I do not know why they just now getting around to it , we know that the rating agencies do not have much of a clue about anything they get everything wrong in sub-prime they gotten everything wrong for a long time , I do not know why they do not understand what's going on




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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