Since its origin, the career of Jim Rogers is tied to gold. In the years which was at the forefront of funds of investment firms, such as the Quantum Fund, which he founded with George Soros, Jim Rogers turned into gold everything played. This Fund gained 4,200% until the American guru decided to retire in 1980, at 38 years of age. At that time Rogers realized that she didn’t reach 70 having had just one life, and decided to travel the world on a motorcycle and managed the personal fortune he had amassed until then. Since then, his heritage has multiplied, since Jim Rogers relies on raw materials as the main asset in which to invest. This guru ensures that it has two daughters money invested in gold and silver, whose price has soared in recent years. Rogers believes that the 21st century will be the century of China, as the 20th was from the United States and the United Kingdom 19th.
Therefore, in 2007 He sold his mansion in New York (valued at US $ 16 million) and moved to Singapore. Rogers took this decision by the motivation and determination shown in recent years by the Asian economy. This is the conviction of the expert to this end, that their daughters are learning Chinese as a second language. Materials raw Jim Rogers believes that, faced with this scenario, the best asset in which to invest are raw materials, real assets that enable savers to benefit from any economic cycle. The raw materials are the best asset that be because they will do well if the global economy improves because its scarcity is increasing, and if no improvement, because Governments print money. The real assets have always been a good protection when the currencies are being devalued, adds. Recently told the journal The Street: Gold certainly will reach the $2,000 in this decade.
Possibly one price high and much more soon, if we trace levels of inflation in 1980 Mr. Rogers understand that gold is the best protection against inflation and a fantastic place where safeguarding the capital and wealth during a political and economic storm. He also believes that this storm is just beginning since it continues printing money without any restriction. World governments do not cut your expenses and the only solution to keep spending money, is to continue printing. If you also believe that gold is a good way to protect yourself, do not miss this opportunity and begin to buy gold and silver into a solid and reliable company.