Roughly seven years ago, when China’s economy was surging and dollars were cheaper, “commodities” was one of the sexiest words in the investment lexicon.
Seven years later, many commodities—including oil, copper, and gold—have fallen in value and out of favor for a host of reasons. So what’s next for this timeless asset class? In a piece published Wednesday, Street Authority writer David Sterman discussed what legendary investor Jim Rogers is thinking about an investment category he has helped promote in recent years.
Over the past two decades, Rogers, who rose to fame in the 1970s when he partnered with George Soros to run the highly successful Quantum Fund, has staked his reputation on the belief that commodity prices would get a lift from growing demand from the emerging nations of Asia for food and basic building materials.
He even helped develop a series of commodity-related exchange-traded funds tied to proprietary indexes, including the Rogers International Commodity ETN (ticker: RJI ).
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).
