Jim Rogers : The supply of commodities has been in decline for over 20 years.” The major oil fields are in decline and there haven’t been many new mines opened.In agriculture, the average age of a farmer in the U.S. is 58, and 66 in Japan. “We’re running out of farmers,”I want to own real assets. I want to invest in companies that produce real goods. Shortages are getting worse, not better.”
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%.
