Canada offers better investment opportunities than the U.S

Jim Rogers : One of the reasons for their (Canada ) problems was that commodities were cheap, and Canada is a commodity-based economy. So, of course they had huge problems. So did other countries whose economies were driven by commodities. Partly because of those problems, it forced some of the Canadian politicians to wake up.They have now had a balanced budget for, I think, eight years ina row. They have had a trade surplus for ten years in a row. And now of course, they have the bull market in commodities at their back. Because of the great long-term commodity outlook, as well as some other reasons, Canada offers better investment opportunities than the U.S - Jim Rogers interviewed by Peter Schiff of Europacific Capital




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.