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Jim Rogers advises young Brits to leave the country! Now!
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Jim Rogers ? Pah !
His disastrous call on the American Dollar was only surpased by his disastrous call on the oil price !
So, now he's sold sterling short and want's everyone to join in ? Nice work if you can get it (!), but he's 6 months late :rotfl:0 -
Japan has been in a slump for the last 8 years. Interest rates are 0%. They have no oil coal or other energy sources.
China is overpopulated and has had billions of pounds poured into it mainly to build empty office blocks
India is booming but wages are a fraction of what they are here. Fancy doing your present job for £100 a month?
Africa is a disaster area. Latin America ditto. The US has the same debt problems as the UK. Europe has a gigantic future pensions crisis.
The moon anyone?0 -
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chopperharris wrote: »is his kids not chinese?Its not a racist point I am making.
well he put his money where his mouth is and bought in big then , owns about a trillionith of that market if its right.
People hes an !!! , or a market manipulator.
shorted the hell out of the big three banks in usa.Last time I watched him on bloom he said his money was all in gold and to get into it.HE is also quoted as saying recessions are for the rich to get richer.
Now he is saying to get into china , sorry but I was read the pied piper as a child....and not in mandarin.
I think he is a market driver , his market , on your money.
i wonder where u got the idea that his kids are chinese?? and even if they were what difference would that make.
see the links http://en.wikipedia.org/wiki/Jim_Rogers and http://www.jimrogers.com/
and he did put his money where his mouth isIn December 2007, Rogers sold his mansion in New York City for about 16 million USD and moved to Singapore. This is due mainly in his belief that this is a ground-breaking time for investment potential in Asian markets. Rogers' first daughter is now being tutored in Mandarin to prepare her for the future, he says. "Moving to Asia now is like moving to New York City in 1907," he said. Also, he is quoted to say: "If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York City, and if you are smart in 2007 you move to Asia." In a CNBC interview with Maria Bartiromo broadcast on May 5, 2008, Rogers said that people in Asia are extremely motivated and driven, and he wants to be in that type of environment, so his daughters are motivated and driven. He said during that interview that, this is how America and Europe used to be. He chose not to move to Hong Kong or Shanghai due to the high levels of pollution causing potential health problems for his family. His second daughter was born in 2008. [3]
In January 2009, Jim Rogers said that The global economy is bad and added the City of London is fishy. Jim Rogers also urged investors to sell any sterling you might have. Jim Rogers drives a yellow mercedes and chooses to live in Singapore.[4]
anyone who makes a return of 4200% when the index does 47% must be damn good at his job or damn lucky. either way it would be prudent to listen carefully to what he says than just rubbish him.In 1970, Rogers joined Arnhold & S. Bleichroeder, where he met George Soros. That same year, Rogers and Soros founded the Quantum Fund. During the following 10 years the portfolio gained 4200% while the S&P advanced about 47%.[1] It was one of the first truly international funds.
In 1980, Rogers decided to "retire"
EDIT: you can see a photo of his family and they look caucasian to me. not that it matters either way. just a clarification after seeing your post mentioning his kids as chinese. http://www.mysinchew.com/node/13297?tid=14
We Want Our Kids To Learn ChineseReferred to as 'the Indiana Jones of finance' by Time Magazine, he retired at the age of 37 and rode a motorcycle around the world.bubblesmoney :hello:0 -
novazombie wrote: »You dont have to learn the language these days.
Its well known that you can earn 5000yen (50 Pounds) per hour teaching English in Japan. Everyone speaks a bit of English because its compulsory in school.
Plus J women are the best looking in the world and its true what theysay about them
What do "theysay" about J women, novazombie?0 -
bubblesmoney wrote: »i wonder where u got the idea that his kids are chinese?? and even if they were what difference would that make.
see the links http://en.wikipedia.org/wiki/Jim_Rogers and http://www.jimrogers.com/
and he did put his money where his mouth is
anyone who makes a return of 4200% when the index does 47% must be damn good at his job or damn lucky. either way it would be prudent to listen carefully to what he says than just rubbish him.
He makes money because the mugsies listen carefully to him
As Rainmaker said he is 6 months to late with Sterling. 'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
bubblesmoney wrote: »anyone who makes a return of 4200% when the index does 47% must be damn good at his job or damn lucky. either way it would be prudent to listen carefully to what he says than just rubbish him.
the link in the reference to that 4,200% figure actually says 3,365%, splitting hairs i suppose.0 -
Avina_Popp wrote: »What do "theysay" about J women, novazombie?
small hands...0 -
bubblesmoney wrote: »i
anyone who makes a return of 4200% when the index does 47% must be damn good at his job or damn lucky. either way it would be prudent to listen carefully to what he says than just rubbish him.
I have been watching him for years , he is a market manipulator.
I watched him say buy gold , it went up he made money.
I watched him short banks , he made money.
I watched him say back china , he has made money.
I am not rubbishing him...I just think hes an !!! , driving markets with other peoples money to increase his own , appearing as doing them the favour in the tip when he is using them.Have you tried turning it off and on again?0
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