Commodities Bull Market : I haven't seen a Mania yet

More and more people on Wall Street say the commodities boom is over. Is it?

Jim Rogers : That's a very good question. I have certainly noticed what you've noticed, and it's a good sign from my point of view. I've been around markets long enough to know that when everybody's on one side of the boat, it's probably not the right side to be on. During the long bull market in equities between 1982 and 2000, stocks collapsed in 1987 and they fell in '90, '94, '97, and '98. Every time, people said, "Well, the bull market's over." But the bull market was not over. And like most long bull markets, it eventually ended in a mania and a bubble.

So you don't think we've reached the mania stage yet with commodities?

Jim Rogers : I don't see enough supply having come onstream in most commodities to end the bull market. Agriculture inventories are near historical lows because the world has consumed more than it grows for a decade now. Many minerals companies have canceled capital-spending programs because they, too, have heard from Wall Street that the boom is over. I haven't seen a mania yet. - in CNN Money

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%.

Commodities Bull Market not over Yet

Olly Ludwig: OK. Let's move on. It's baseball season in America, so, if you'll indulge me, what inning are we in as it relates to the bull market you laid out in book, "Hot Commodities"?
Jim Rogers: It's probably the bottom of the fifth or the top of the sixth inning, I would suspect. It's not over yet. There are corrections along the way, as there always are. In 1987, stock markets around the world collapsed 40 to 80 percent. Was that the end of the bull market in stocks? No. Stocks turned around and went up 1,000 percent after that. So there will be plenty of problems along the way. There always are.  - in Goldnews interview 10 July 2012



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%.

Jim Rogers : The Commodities Bull Market Will Go Up, Consolidate, For Years

World Famed Investor Jim Rogers CEO of Rogers Holding is still ultra bullish on the commodities market , he says that the Gold price correction is meaningless and that he expects the commodity bull market to go up and consolidates for years to come .....Jim Rogers tells the Economic Times: “5% correction in gold is meaningless. These things correct 10-15-20-30% every year. Nothing unusual about that. That is the way the markets work. I do not see anything unusual. I expect there would be more correction during the course of the bull market. I hope that the bull market goes up, consolidates, goes up, consolidates, goes up and consolidates for years to come. That is my expectation for all commodities. “I have not sold any commodity. I own all my commodities. We are in a flexible bull market. I hope I am smart enough in the entire 15 years to realize when the commodity bull market is finally coming to an end, I am probably smart enough to sell. This commodity bull market will probably end in a bubble. Most bull markets and most sectors, whether it is stocks, real estate, whatever it happens to me, lands in a bubble. We are far-far-far from a bubble so far.” in ET Now


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%.

This Commodities Bull Market is going to last at least 15 or 20 years

Jim Rogers : I’ve been trying to explain to people for a long time what’s going on, but for some reason nobody listens.

Normally at this stage of the commodity bull market you would expect new capacity to be coming on stream. The problem of course is that in 2008 and 2009 everybody got hit. So, many of the people who were thinking about adding capacity have pulled back, canceled, delayed, rescheduled, etc. Fortunately or unfortunately, the supply side of the equation seems to be getting worse not better.

Previous bull markets have lasted 15 or 20 years. This one’s going to last at least that long if not longer.
in wallstcheatsheet.com.




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry 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%.