Monday, December 5, 2011

Jim Rogers on The MF Global impact on the Commodities market

Jim Rogers : I own all commodities , I especially own food and precious metals , but first I have to remind you Steven in the last few weeks MF Global went bankrupt , and MF Global was a huge player in the commodities market , there is a lot of artificial forced selling going on , it's artificial selling it's forced selling and when a huge player goes bankrupt it has a lot of ramification , when this is passed I would suspect that commodities will continue to go higher and that you are going to continue to see more inflation , governments continue to print money I do not like it that's all they know to do ....- in CNBC

1 comment:

  1. 釈情December 5, 2011 at 7:45 AM

    I own all commodities. I especially own food and precious metals. But first, I have to remind you Steven, in the last few weeks MF Global went bankrupt, and MF Global was a huge player in the commodities market. There is a lot of artificial forced, selling going on... and when a huge player goes bankrupt, it has a lot of ramifications. When this is past, I would suspect that commodities will continue to go higher and that you are going to continue to see more inflation. Governments continue to print money. I do not like it; that's all they know to do... in CNBC

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