Rogers on Chinese currency correction

Chinese Currency

The market has 3%, 13%, 23% correction all the time. So it's good that the Chinese currency is starting to fluctuate. That's how the markets work. If it's only going up, it's artificial.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.