Which other commodities, in your opinion, could see an increased investor interest and why? What about agricultural commodities?
Jim Rogers : I prefer agri commodities at the moment because their prices are down and have been down from a long time, which is leading to fundamental distortion in agriculture. Inventories, worldwide, are near historic lows as we have been consuming more than we have been producing.
More, we are running out of farmers worldwide. The average age of farmers in the US is 58, it is 66 in Japan, etc. There are very few young people going into agriculture. The world is facing a serious problem as regards agriculture.
Jim Rogers : Any specific agri commodities you'd like to highlight?
Look at the ones that are down – rice, sugar. Find the ones that are down and research accordingly. - in business-standard
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%.
