Tuesday, September 29, 2009

The commodities rally may last 15 years Oil may reach $150 a barrel

In an Interview with Bloomberg Tv on 25 September , Jim Rogers said that The commodities rally, which Rogers correctly predicted in 1999, may last 15 more years , and he advised against buying wheat, which has become the most expensive ever relative to corn, soybeans and cotton.

``I wouldn't buy it now,'' Rogers said. ``If you're going to buy something, buy coffee or cotton or sugar. Wheat has been going straight up for about a year. I don't like to jump on a moving bus.''

Click here to watch the Interview here :

2 comments:

  1. What year is this clip from?
    Jim Rogers talks wheat
    prices of 2007.

    ReplyDelete
  2. OK. Like Jim Said. This Video is from 2007.

    ReplyDelete