Jim Rogers long Cotton

Jim Rogers says that he is long cotton :" the next (crisis) is going to be worse , we've had recessions every four to six years in America since the beginning of time that means by the end of 2011 or 2012 or 2013 we gonna have another economic slowdown in America , when that happens what are they gonna do ? they've shot all their bullets you know America quadrupled its debt last time when you taking things like the Fannie Mae , you know we took on 6 trillion dollars of Fannie Mae obligations we say we do not even talk about it anymore ...and somebody is going to pay it off and we can't print that much more money again there're not enough trees in the world to print that much money , ...I know there are not enough COTTON , I am long COTTON , there is not enough cotton for them to print that much more money . My point is the next time there is a slowdown it is going to be worse than the last time because we shot all of our bullets
- in Yahoo Finance



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 : I am long cotton

“Paper money is made of cotton, and I’m long cotton, by the way,” “One reason I’m long cotton is because Dr. Bernanke is out there running the printing presses as fast as he can.” Jim Rogers the chairman of Rogers Holdings and reknown investor said today during a presentation to business executives in Chicago
via www.bloomberg.com

Jim Rogers on Crude Oil , Cotton and Other Commodities

"I own crude. I don’t think I would buy it right now. It’s gone up a lot in the last 12 months. I own all commodities. They are the best place to be. If the world economy gets better, commodities are going to lead the way because there are shortages developing in most commodities.

If the world economy does not get better then commodities are good place to be because they are printing so much money all over the world. So I would rather be in commodities, in just about anything. What is this bubble we are talking about? Cotton is 60% below its all time high and silver is 70% below." Jim Rogers told CNBC-TV18 in an interview last Jan 17, 2010

Jim Rogers on Gold Silver Cotton Coffee and other Commodities

Gold should be over $2000 by now says Jim Rogers

"If you adjust Gold for inflation and go back to it’s former all-time high in 1980, Gold should be over $2,000 an ounce right now if you want to say it’s reaching new inflation adjusted all-time highs. That does not mean Gold has to get back to a true all-time high. Nothing has to. However, I suspect that given all the money printing in the world, we will see much higher prices for hard assets.
Despite Gold’s potential, I think I will make more money in other commodities such as silver, cotton, or coffee — all of which are terribly depressed."said Jim Rogers in a recent interview with Businesswire