Monday, June 22, 2009

Jim Rogers on Agricultural Commodities

Jim Rogers on Agricultural Commodities Crude oil prices sugar lead cotton gold silver copper , agricultural product wheat farming fertilizers ethanol production , corn , ethanol is not going to solve our problems Jim Rogers says ..., bio fuels , if everybody plants corn the price of cotton will shoot to the roof , there were no major oil discoveries so logically the price of oil has to go to $100 and $150 says Jim Rogers , ex oil exporters are now pure importers like Malaysia UK Indonesia etc...Jim Rogers pointed out that there are 3 billions of Asians who are willing to conduct the same life style as in the west this will drive commodities prices to the sky as there will be more demand for food , oil cotton sugar coffee etc....

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