Thursday, December 23, 2010

Rogers: Adjust the sale of shares will be more healthy Mo.

<P> World famous "commodity investment guru" - Jim Rogers on the Chinese stock market shows a strong confidence to say: "Do not sell Chinese stocks." </ P> <P> It http:// News, Jim - Rogers in an interview .said: "I in addition to other Chinese stocks have sold all emerging markets stocks. No reason for me to sell Chinese stocks." </ P> <P> since October last year, China's stock market plunge last week fell below .4000 points, 6124 points down from the record 2,000 points or more. .</ P> <P> but Rogers claims: "This adjustment will make the market more healthy." He also said: "In the original part of China's stock market was overvalued stocks, but the index fell distance themselves from the bubble." He also .explained: "Since last year the Chinese government to cool the stock market have been taken to raise the deposit reserve ratio, raising interest rates and other tightening policies. such initiatives to stabilize asset prices, the stock market has also been adjusted." </ P> <P .> He reminded the basic principles of investment, said: "Investment is to 'buy low and sell high'." outlook, he said, because of supply and demand imbalance will persist continued strong commodity markets for 10 years, the future price of gold will likely more than 2000 U.S. dollars a .oz. .</ P>.

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