Friday, September 7, 2012

Sugar Is Going To Be Much Higher Over The Next Decade

Jim Rogers : I have no idea what is going to happen in 2012, but again sugar is going to be much higher over the course of the next decade or so. Sugar is down about 70% or 75% from its all-time high. Sugar has been amazingly depressed in the past three-four decades. So sugar is going to go much much higher before this bull market is over. I do not have a clue for what happens this year. - in India Economic Times

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).