Monday, October 7, 2013

Not Enough Supply Coming On Stream To End The Commodities Bull Market

“I don’t see enough supply having come on stream in most commodities to end the Bull Market. Agriculture inventories are near historical lows because the world has consumed more than it grows for a decade now. Many minerals companies have canceled capital spending programs because they, too, have heard from Wall Street that the boom is over.” - in Live Trading News

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).