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).
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, August 28, 2013
Geopolitical Tensions, Gold & Crude Oil Going UP
"They will absolutely move up. They will certainly move up. They might move up so much that one will have to sell them. They may spike up depending upon what kind of war it is and how the war evolves. If oil goes up to a couple of hundred dollars a barrel on the war, then I would probably have to sell it because it would be a spike and no matter how bad the war is, I do not think it would keep the prices that high. Likewise with gold, if it went up a whole lot, I would have to sell it and it could happen. But at the moment, I am not buying gold or oil in the west." - in Economic Times