Friday, September 11, 2009

Jim Rogers is holding back from commodities and China after prices soared

The legendary Investor and commodities king Jim Rogers told the Shanghai Securities News a Chinese newspaper this Sept 11 that he’s holding back from any further purchases of any commodities at the present time after the huge increase in their prices recently
Investors should wait for commodity prices to drop to buy for the long term , the Chinese language paper reported Rogers as saying at a forum in Guangzhou , Guangdong province in China . Rogers also said that he won’t be buying any real estate in China now either because they are too expensive, although he thinks that Chinese rural real estates should still be able to generate big returns in the next 20 years he said ....

Source

No comments:

Post a Comment