01.09.2015 - Jim Rogers Still Optimistic On Commodity Prices
When Jim Rogers speaks, investors listen. His Quantum Fund gained 4,200% to the S&P 500?s 47% from 1973-1983 – just one feat exemplary of Rogers’ market intuitiveness. The commodities guru is credited with calling the bottom in oil prices in the late 1990s. On Aug. 24 – “Black Monday” – JimRogers appeared in an interview with BBC’s Radio 4. At the time, the Dow Jones Industrial Average had just seen its largest intraday decline in its 133-year history. It fell 1,089 points after the opening bell that day, ultimately closing down 586 points. The S&P 500 came within 34 points of triggering a market-wide circuit breaker...............................................Full Article: Source
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