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).
Monday, May 6, 2013
Agriculture and Natural Gas are potential bargains
I'm most optimistic, fundamentally, about the agriculture sector. But some of the others [for example], natural gas is 70% 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.
at 11:31 AM