Saturday, April 11, 2009

Jim Rogers - Not yet rock bottom

Investor Jim Rogers said that we haven’t seen the rock bottom of the global capital markets, indicating that the further decrease in share prices might still lie ahead, reports.

“The global stock market might have hit rock bottom but it is possible that the bottom is in fact deeper,” said Jim Rogers while signing his books in Beijing. “It will be awhile until we see the actual bottom.”
Rogers mentioned once more that he has invested in Chinese stock. He hasn’t sold them.

“If stock market increase is the reality then I would prefer owning raw materials instead of stock,” said Rogers.

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