Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Tuesday, July 30, 2013

Jim Rogers : Agriculture is a great long-term story


Fusion: As for other commodities, are there any you see as a buy ? IWe know you like agriculture.

Jim Rogers : Before we talk agriculture, I would look at natural gas, as any commodity that has that big a collapse should be looked at.  Agriculture is a great long-term story. We have been consuming more than we’re producing over the last 10 years, so the inventories are near historic lows. Agriculture has been a terrible business for many years. We’re running out of farmers. The average age of farmers is 58 in the US, 66 in Japan. Young people are not going into the ag business. Unless something dramatic happens, we will have a crisis, as we need people to go into the fields to produce this stuff. Everything cannot happen with automation.


JIM ROGERS



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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