Q: What would you say
to an investor now who has little to no exposure in commodities and sees
that most assets have been beaten down. What types of commodities do
you think have the best potential now going forward?
Jim Rogers : I would say agriculture through the (
RJA
) [Elements Rogers International Commodity Agriculture ETN]. It is
amazing how low some of these agricultural prices are. The average age
of American farmers is 58 now. The average age in Japan is 66. There are
more people in America who study public relations than study
agriculture. It has been a nightmare industry for a long time and that’s
got to change. certainly buy agriculture. [Rogers designed the
index that RJA tracks.] -- in Barron's
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%.
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