Monday, April 29, 2013

Jim Rogers Most Optimistic About The Agriculture Sector

"I'm most optimistic, fundamentally, about the agriculture sector. But some of the others are intriguing, too. I mean, natural gas is 70 percent below its all-time high. Some of the base metals are far down from their all-time highs. With agriculture, you know, we've consumed more than we've produced for the last 10 years or so. So, inventories are near historic lows, which means that – if something goes wrong – we're going to have serious problems. And even if something goes right, you've got to replenish the inventories." - in LewRockwell

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).