Tuesday, September 1, 2015
Jim Rogers Interview Optimistic on Commodity Prices
“As far as commodities are concerned, it’s all about supply and demand, and you’re having huge cutbacks in supply,”
“We’re already having supply problems in some agricultural products, and we’re going to have problems with oil products.” Investor Jim Rogers told BBC’s Radio 4 recently .
“So I don’t think that the bull markets in commodities have gone away forever, because supply is going to be a [factor]. You can have a bull market with flat demand or even declining demand if supply is not there.”
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 "