Wednesday, June 5, 2013

The Long-Term Bull Market In Commodities Is Not Over Yet

"I think the bull-run in commodities will continue and what we are seeing now is a long overdue correction. In all bull markets, there are corrections and it does not mean that it has come to an end. We have seen that in the equity bull markets. For example, between the years 1982 and 2000, a lot of people called a correction an end of the bull phase in equities. This is exactly what is happening to commodities right now. So, the long-term bull market in commodities is not over yet." - in Business Standard

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).