Jim Rogers : stocks are going to fall apart If the world economy does not get better

Jim Rogers :.....If I am going to do defensive buying, I would not buy stocks. If the world economy does not get better, stocks are going to fall apart, but commodities might seem to go up because of so much money being turned in and because shortages are developing. We have some serious shortages developing in many commodities markets. If the economy gets better, they are going to do well and if the economy does get better, they are going to continue to print money and money printing is always with commodities. So if I would do any defensive buying, I would start in the commodities market, not the stock markets. ...``and Jim Rogers adds that he is bullish on commodities and some foreign currencies :``I would mainly be long on commodities and some foreign currencies, things like the Japanese yen, Swiss franc, and Canadian dollar. I would own currencies and commodities and I would probably have short in the stock markets. ``...
excerpts from an interview with The economictimes.indiatimes.com on 21 Sep, 2010,