Real Estate in China getting into a Bubble Zone

There is no Commodity Bubble anywhere insight Jim Rogers reassures

"I am delighted to see what China did because some of the real estate in China was getting into a serious bubble. It’s good for China and therefore good for most of us. They need to cool off their economy. They cannot get it too strong but China does not control the commodities market by any stretch of the imagination.
The Chinese economy as strong as it is about one-tenth of the size of America and Europe. Hence, we need China but that is not going to set the pace." says Jim Rogers

Q: Do you agree with people or commentators who believe there are many bubbles which are already forming in the commodity space because of the liquidity injection or do you think we are nowhere close to that?
A: Gold made an all time high recently but everything else is still very depressed compared to its all time high. What kind of bubble are you talking about? Name one commodity that is in a bubble and all time high except gold.
Q: There has been a big resurgence in trading interest in crude as well, for 2010 would that be a commodity to watch?
A: I own crude. I don’t think I would buy it right now. It’s gone up a lot in the last 12 months. I own all commodities. They are the best place to be. If the world economy gets better, commodities are going to lead the way because there are shortages developing in most commodities.
If the world economy does not get better then commodities are good place to be because they are printing so much money all over the world. So I would rather be in commodities, in just about anything. What is this bubble we are talking about? Cotton is 60% below its all time high and silver is 70% below.
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