Wednesday, May 25, 2011

All bubbles go up farther than you expect

Jim Rogers : “I hope I’m smart enough to own commodities until the bull market ends. Nearly all bull markets end in bubbles, and I hope I’m smart enough to recognize the signs.”
“What will probably happen is that I will sell my commodities, and they’ll double again, then I’ll sell them short, then they’ll double again because all bubbles go up farther than you expect,” he says. “And then, if I don't get wiped out, they’ll fall and I’ll make some money.” in CNBC
JIM ROGERS BLOG