Monday, August 19, 2013

I Think There is More Money to be Made in Agriculture

Rogers is sticking his money in agriculture. “I think there is more money to be made in agriculture… The world is facing a serious demographic and production problem. If something doesn't change then we won’t have food at any price.”

It’s a drum he’s been banging for a while now but he thinks that recent price drops have created a buying opportunity. “I don’t think we've had the final bottom in gold but we must be nearing it in sugar. Sugar is down 75% from its all-time high – there’s not much in the world that is down 75%.”

- Source, Money Week, read the full article here:

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).