Osaka. So the basic point is, there is just no investment in agriculture for 30 years… Look at the things that are cheap. Gold is making an all time high, silver is still 60% below it’s all time high. So if I were looking at a precious metal I would look at the places that are still cheap. I own gold, I own silver. Look at the things that are still down, that’s probably a better way to start.”
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Tuesday, October 12, 2010
Jim Rogers, Buy A Tractor and become a Farmer
Jim Rogers : “It’s been a horrible business, [agriculture], for 30 years. Very few people have invested in agriculture. Many countries don’t even have farmers anymore because they’re all old men. In Japan, they cannot find farmers because the old men have died and the kids have gone to Tokyo or 
Osaka. So the basic point is, there is just no investment in agriculture for 30 years… Look at the things that are cheap. Gold is making an all time high, silver is still 60% below it’s all time high. So if I were looking at a precious metal I would look at the places that are still cheap. I own gold, I own silver. Look at the things that are still down, that’s probably a better way to start.”
Osaka. So the basic point is, there is just no investment in agriculture for 30 years… Look at the things that are cheap. Gold is making an all time high, silver is still 60% below it’s all time high. So if I were looking at a precious metal I would look at the places that are still cheap. I own gold, I own silver. Look at the things that are still down, that’s probably a better way to start.”
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