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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
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).
2012-09-13 20:21:38
Source: http://jimrogers-blog.blogspot.com/2012/09/feds-money-is-going-into-stock-market.html