Thursday, August 4, 2011

I am widely bullish on agriculture

Jim Rogers : " The other thing that went up today was agriculture prices and as you know I am widely bullish on agriculture I also own gold and silver and other commodities , so it is something that is doing well and will continue to , but Larry I will also remind you that every 4 to 6 years since the beginning of the republic we've had economic slowdowns we are over due in 2012 , 2013 another recession is coming I do not know when and I do not know why , but I know it is getting close , you should not be in stocks you should be in agriculture you should be in commodities and you should have some shorts , or Larry you should go and become a farmer- in CNBC

Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).