Jim Rogers graduated from Yale University and has a degree in philosophy, politics and economics from Oxford University. Jimmy Rogers became a Wall street legend when he and George Soros founded the Quantum Fund.After his career as a hedge fund manager and investor,Jim Rogers now periodically teaches finance at Columbia University, and appears regularly on the CNBC Cable Network.
Wednesday, May 11, 2011
Gas prices vs Oil price
Jim Rogers : Oil went down because a lot of people got margin calls and had to sell for various commodities and so on , when you get margin calls you dump everything inside that's why oil went down , why gas ? it's the beginning of the driving season and gasoline is refined oil and usually at this time of year gas prices go up because people start driving I do not know I have not been here but that's what I presume " in FOX Business News