Monday, May 18, 2015

China will control lot of markets in future

China will become the largest economy in the world in the foreseeable future. It will become the most important country in the world in the foreseeable future. When that happens, they’re going to control the price of a lot of stuff, directly or indirectly. I don’t see them controlling the price of gold anytime soon, as big as they are and as important as they are, there’s just too much gold around the world for them to control it yet. But my children speak Mandarin. 

I moved to Asia so that my children would know Asia, and speak perfect Mandarin. China’s the future, whether we like it or not.

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.