Monday, August 15, 2011

India and China may see some cool off

Jim Rogers : India and China are not much different from the rest of the world. They have seen the selling conduct too and they are going to a rally. The world has economic problems. India and China have a lot of inflation and the governments and the central banks know of it and they are trying to do something about it.

India and China may see some cool off. Commodity prices will be going up, but that is because the world has got economic problems, If the US Fed, which is the largest in the world, continues to print money, then India and China can do little; they may try their best to cool inflation, but India and China are less than one-tenth of America's central bank. - in

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).