Monday, October 27, 2014

There could be one more big rally still left

Jim Rogers on central bank monetary policies

"The central banks have been printing staggering amounts of artificial liquidity. It’s going to come to an end. I don’t know if it’s coming to an end now. When it does end, we’re all going to pay a terrible price."

What if the markets have a big drop 

"So central banks will start up again printing money. Markets will have a big rally. That will probably be the last time around and might end in a bubble."

VIA Rueters TV

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.