Obama does not know much about economics , he did not know what a stock was 6 or 7 years ago : Jim Rogers Bloomberg 10 Dec 2009
Bush administration did horrible things but this administration is just as bad said Jim Rogers when asked about his opinion about the Obama administration , Jim Rogers the commodities legend and wall street king is as always ultra bullish on commodities especially agricultural ones such as sugar and rice , he is bullish on Asian market and he categorically denies that China might be a bubble , cause the Chinese economy is still too small compared to US and Europe ones , so it is not a bubble as of yet although there might be some decline along the road ...Commodities are the place to be no matter what Jim Rogers explained :
" I will say that if the world economy gets better, then commodities will be one of the best places to be because of the shortages that are developing. If the world economy does not get better, commodities will still be the place to be because governments are printing all this money. "
an excellent interview as always
Jim Rogers president of Rogers Holdings is George Soros former partner and co-founder of the Quantum Fund, and a truly legendary international investor who helped generate a 4,200% total return over a 10-year period .Jim Rogers is always bullish on Asia Commodities Agricultural Products gold and silver
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