Jim Rogers : "We're going to have serious food shortages, not just in America but in the world,"
"When I speak to universities and students, I tell them all they should be studying agriculture. The farmers are going to be driving Lamborghinis. ... There are a few parts of the world economy that are going to boom over the next few years -- agriculture is one of them. It's not going to be all disaster."
Rogers is also bullish on commodities, saying central banks' easing efforts will support hard assets. He particularly likes precious metals such as gold and silver. In 2011, Rogers said: "In 1987, stocks went down 40% to 80%. But now you don't even remember 1987 -- it looks like a blip if you look at it. That's what's going to be happening with silver and gold." - in streetauthority
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 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%.
Sunday, July 21, 2013
Jim Rogers : We are going to have serious Food Shortages, not just in America but in the World
Labels:Jim Rogers
Food Shortages
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 "