Jim Rogers recommends investing in Commodities CNBC 15 January 2010
"The fundamentals (for agriculture) have gotten better," Jim Rogers said. "The inventories are now at the lowest they've been in decades, not in years."
"Sometimes in the next few years we're going to have very serious shortages of food everywhere in the world and prices are going to go through the roof.""I don't think that the problems of the world are behind us yet," Jim Rogers added
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
This is sick. I consider it apalling that any necessity for life is 'traded' on the wall street fraud market. Food is a Right and should not be sold for-profit period. Food should be only sold direct from farmers to people that need it, including co-ops and non-profit relationships such as plantarow.org.
ReplyDeleteThere is enough food produced right now to feed everyone in the world. It's just not profitable enough to send. But, we always have more than enough money to wage stupid wars.
ReplyDeleteI don't agree with you Jim that there is enough food produced right now to feed everyone in the world. There are so many countries who don't have enough food for a month.
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