With track record I mean historic verifiable achievements:
Jim Rogers: Before retiring at 38, during his 10 years as hedge fund manager he achieved gains of 4200%, while benchmarks such as the S&P advanced about 47%.
Marc Faber: Predicted the rise of oil, precious metals, other commodities, emerging markets and especially China in his book Tomorrow's Gold: Asia's Age of Discovery, published in 2002.
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That's probably not an unfair statement as they use the same language against Tim Geitner, Ben Bernanke and alikes.
However, the track record of Jim Rogers and Marc Faber should be acknowledged.
What track record? 'Buy gold'?
With track record I mean historic verifiable achievements:
Jim Rogers: Before retiring at 38, during his 10 years as hedge fund manager he achieved gains of 4200%, while benchmarks such as the S&P advanced about 47%.
Marc Faber: Predicted the rise of oil, precious metals, other commodities, emerging markets and especially China in his book Tomorrow's Gold: Asia's Age of Discovery, published in 2002.
Wow. He really went out on a limb there. Oil going up? China rising? I mean that would have been obvious in 2004, but way back in 2002?