Jim Rogers : If Farmers aren’t Rich yet, they will be

Rogers has been a fan of farmers and agricultural commodities for many years. "I am extremely optimistic about agriculture. First people thought I was nuts when I first started telling people to buy farmland, then they thought I was nuts, now they are trying to buy it too." He believes that even though commodity prices have reached historic levels the past few years, they will continue going up, at least for a while. "Even though demand has been going up for a long time, we are still consuming as much as we are producing," he says. "The 3 billion people in Asia have seen TV how we live in the U.S. and want to live that way now. Before this is over, prices of all agricultural products around the world will go higher." Rogers, who was raised in Alabama, now lives in Singapore. He predicts Asian countries, such as China, will be the global economic leaders in the future. He also believes they will hold the best investment options. "I don’t want to have many assets in the U.S. I am a U.S. citizen, but I think in the future there may be laws that keep you from taking money in or out of the U.S." - in agweb

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 : Farmland is the best option , if you are going to keep Assets in the U.S.

Rogers says, if you are going to keep assets in the U.S., farmland is the best option. "Farmland is a great way to preserve your wealth and increase your wealth, if you can stay with it." Even with farmland sales topping $20,000 per acre, he doesn’t believe the market is in a bubble. But, you won't see him at Midwestern land auctions dropping that kind of cash. Instead, he says there are greater profits to be made buying land in other parts of the world, such as Paraguay, Africa and other developing nations. "Percentage gains will be higher in other countries than the U.S., he says. Rogers says if the U.S. continues to have large debt issues, which is likely, agriculture will become more and important. "When a currency declines, the people who have real assets are the ones that make money. If the dollar collapses, one of the few ways you’ll be able to reserve you wealth, and even make money, is through productive farmland." - in agweb

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%.