Jim Rogers : Invest in Phosphate Fertilizer Companies

Click here for the full interview >>>> http://www.midasletter.com/2014/09/jim-rogers-says-investors-in-dusolo-fertilizers-inc-will-do-very-well-9308/
James West:           So what, in your opinion – what commodities do you see as having the biggest upside for investors in the near future?
Jim Rogers:             Well probably agriculture. Agriculture’s a disaster, and has been a disaster for thirty years – certainly for a decade or two. The world has consumed more than it has produced for at least ten years now. Inventories are running down to historic lows in many commodities.

We’re running out of farmers. The average age of farmers in America is 58, in Japan its 66 – I doubt if you know many people who became farmers from your school whatever your school was or schools were. Because in America, more people study public relations than study agriculture. It’s a dying business. At least as far as the people are concerned. And that’s going to change, because agriculture has to become profitable and exciting. We’re not going to have any food at any price. All those guys are going to die. And all those young guys studying PR are not going to be able to raise cotton or corn or wheat. So I would suspect that’s where the best opportunities are.

James West:           Sure. Absolutely. Okay well let’s go back to the agricultural side of things now. How do investors play the agricultural space?

Jim Rogers:             Well the best way is to become a farmer. I told you we have no farmers in the world right now. Everybody you went to school with became a journalist or a stockbroker or investment banker or whatever. That’s all going to change in the future.

Or buy land and lease it to farmers, or buy shares of fertilizer companies.

James West:           So for example I’m a shareholder in a phosphate company that’s going into production in Brazil very soon – DuSolo Fertilizers – is that the kind of thing where an investor could benefit by exposure to the fertilizer business in Brazil, where consumption is growing?

Jim Rogers:             Yes, yes. That’s exactly what I’m talking about. Now I have no idea whether your company is competent, if they know what they’re doing or anything else. But if they do, and if they do have a good deposit, and they are low-cost producers, yes! They’ll do extremely well, there’s no question about that.

There are people who will tell you that some of the basic supplies for fertilizer are in decline, and so the world needs all the raw material they can get.





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%.