Monday, July 7, 2014

We Are In The Commodities Cycle

“In 1987 stocks were down 40-80 percent worldwide and it took a long time for it to get above pre-correction levels but the bull market was not over,” said Rogers. “We are seeing the same normal correction happening in commodities now. But we have not seen enough supply come on stream yet in any commodities sector, except maybe iron ore or something like that, to bring supply and demand back in balance.”
Agriculture is the best commodities pick to make and palladium is also another great investment to make since it’s in a “depressed” state right now, Rogers said. At the time of this writing, palladium is trading at just under $850. Over the past year, palladium has remained steady and has increase by approximately $100 in value. - in a recent interview with Bullion Desk 





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).
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