Jim Rogers likes raw Sugar and Nat Gas because their prices are depressed in here. While Sugar has been up the past few years, “it’s still down 75% from its all-time high.”
Regarding Nat Gas, he notes, “Many drillers have had to reduce their reserve estimates, and we are finding that production declines very quickly in shale Gas wells. When I see a company like Shell taking a $2-B write-down on its shale Gas assets, I take that seriously.” - in livetradingnews
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%.
