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).
Thursday, September 13, 2012
FED's Money is Going into the Stock Market and the Commodity Market
Jim Rogers : The 30 percent gains since last October have been largely driven by one catalyst -- the Fed. The Federal Reserve is pumping huge amounts of money into the market. This is a Federal Reserve rally. The money has to go somewhere and its going into the stock market and the commodity market. It’s going to end terribly. - in CNBC
at 10:47 AM