Saturday, July 16, 2011

The stock market needs to have a rest , it doubled in two years thats not normal

Jim Rogers :...The US pouring money certainly has an effect lots and lots of money slashing around it got to g9 somewhere whether it goes in the stocks or bonds or currencies or commodities of course it got to go somewhere , so yeah it has a big effect , the problem with that scenario is everybody expects it to happen so usually something else happens because people are geared up expecting that to happen I would not be surprised if something happened , The stock market needs to have a rest you pointed it out it doubled in two years that's not normal - in Yahoo Finance

Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).