Sugar is very Depressed

HardAssetsInvestor:  What are your top commodity picks for the next year or two?



Jim Rogers:  Agriculture's extremely depressed, so I would look there to find places to invest in. Believe it or not, something like sugar is down more than 75 percent from its all-time high, and that was 40 years ago. If you're talking about a depressed market, sugar's very depressed. I would get out the charts and see which other ones are also depressed and start doing my homework in those areas.




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%.

I prefer Agri Commodities like Rice & Sugar at the moment

 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%.

Sugar: All Time High Was In 1974

I am long sugar, that does not mean it is going to go up. One simple fact is sugar is 75 percent from its all time high. I don`t know if you know many things that are 75 percent below its all time highs. By the way, that all time high was in 1974!

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%.

Sugar Is 75 Percent Below All Time Highs

The all time high on Sugar was 66 cents, so it`s down 75 percent. That`s just in nominal terms. There`s not much in the world that it`s down 75 percent cheaper that what it was 37 years ago. Sugar is one of those things.

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 Sugar, that does not mean it is going to go up

I am long sugar, that does not mean it is going to go up. One simple fact is sugar is 75 percent from its all time high. I don`t know if you know many things that are 75 percent below its all time highs. By the way, that all time high was in 1974!



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

SUGAR is Cheaper than what it was 37 Years ago

Jim Rogers :  The all time high on Sugar was 66 cents, so it`s down 75 percent. That`s just in nominal terms. There`s not much in the world that it`s down 75 percent cheaper that what it was 37 years ago. Sugar is one of those things. 



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%.

Buy Sugar, Buy Sugar , Buy Sugar !

Jim Rogers : “Buy sugar. If you go to a restaurant tonight and there’s sugar on the table, put it in your pocket, because it’s free and it’s going to go higher. Sugar is 75% below its all-time-high!” When asked how one can gain exposure to sugar, Jim said, “I buy sugar itself…and I buy sugar companies – companies that produce sugar.”



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%. 

INVEST IN SUGAR

 Jim Rogers: I have started buying some sugar. I am not sure of how I got my timing right, I am never very good at it, but I am more bullish on agriculture. Some agriculture prices are very depressed. Sugar, for instance, in the western market is down over 75% from its all-time high. Especially for India and places that I mentioned, you are going to need to protect yourselves from currency debasement and currency decline. So think of real assets.
 


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 have started buying some Sugar

 ET Now: With gold prices soaring to the levels of 32600, what are the commodities that you are currently betting on?

Jim Rogers: I have started buying some sugar. I am not sure of how I got my timing right, I am never very good at it, but I am more bullish on agriculture. Some agriculture prices are very depressed. Sugar, for instance, in the western market is down over 75% from its all-time high. Especially for India and places that I mentioned, you are going to need to protect yourselves from currency debasement and currency decline. So think of real assets.- 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%.

Sugar : The Most Under Appreciated Commodity today

Jim Rogers : "Maybe sugar. But I don’t really know. I haven't thought about it. Just find out whatever is down the most and find out where the most bears are. And that’s probably it. I don’t know whether there are more bears on silver and gold or on sugar right now. But wherever the most bears are, that’s where you should look." - in Index Universe

 

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 : Sugar is the most underappreciated Commodity out there right now

HAI: What do you think is the most underappreciated commodity story out there right now?

Jim Rogers: Maybe sugar. But I don’t really know. I haven't thought about it. Just find out whatever is down the most and find out where the most bears are. And that’s probably it. I don’t know whether there are more bears on silver and gold or on sugar right now. But wherever the most bears are, that’s where you should look. - in HardAssetsInvestor


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 : Sugar is down about 70% or 75% from its all-time high

ET Now: What about sugar? Given the way how we have got poor monsoon in Brazil and India, are you hot on sugar as well?
Jim Rogers : I have no idea what is going to happen in 2012, but again sugar is going to be much higher over the course of next decade or so. Sugar is down about 70% or 75% from its all-time high. Sugar has been amazingly depressed in the past three-four decades. So sugar is going to go much much higher before this bull market is over. I do not have a clue for what happens this year.   - in ET Now
Click here to watch the full interview>>>>>>
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 bullish on Sugar

"I would suspect that sugar certainly would be stable and maybe it may start going up because we are burning sugar in our fuel tanks and some parts of the world. As people have become more prosperous, they want more sugar. I am optimistic about the price of sugar over the next three or four years. Likewise with cotton, I am more optimistic about sugar than cotton, but I would not sell either." Jim Rogers  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%.

Sugar prices soared to a 30-year high on supply concerns

Sugar Prices Sweeten to Record High Following Queensland Cyc
"Sugar prices soared to a 30-year high on supply concerns following the massive cyclone that hit northern Queensland at midnight on Wednesday. Front month March futures on New York's ICE exchange climbed to a high of $34.79 a pound, figures not seen since the early 1980s. In London, March white sugar was close to a recent record of $834.70 per ton. One London trader said, ""Thirty-five cents is an important price as there's a lot of open interest in the options market--about 25,000 lots of call options. There are even technical projections of a move toward 37.32 centslb if we can hold these gains."" Raw sugar futures in New York may continue to rise on concerns about already-strained supplies due to three consecutive seasons of deficit exacerbated by recent flooding in the Queensland region and now further drained by Cyclone Yasi damages. Australia is the third-largest sugar exporter after Brazil and Thailand with 7% of global exports. The region threatened by the cyclone produces about one third of Australia's sugar."

Jim Rogers : Agricultural prices are massively depressed

Jim Rogers : .Sugar is down 50% from its all time high I would repeat , sugar is 50% below its all time high , you can see how massively depressed agricultural prices are on a historic basis , that's why Indian farmers are committing suicide , and African farmers are giving up , because it is still impossible to make a living someday sugar will go back to the level of its all time high again .sugar made its all time high in 1974 that was 37 years ago there is very little in the world that is 50% below its price in 1974 but sugar is one of them that's one of the reasons I am more optimistic about agriculture than about other things ..," in a similar tone Jim Rogers had this to say about Sugar in a BBC interview :".... the only commodity I know which is making an all time high is gold. Some commodities are up, yes. Sugar is up a lot, but Justin, sugar is still 50% below its all time high. How can you say that's bolted? Silver is going up, but silver is 40% below its all time high. Yes, commodities have been going up recently, but they are still extremely depressed on a historic basis......"

Jim Rogers : Sugar is still 50% below its all time high

Jim Rogers : ....No, no, the only commodity I know which is making an all time high is gold. Some commodities are up, yes. Sugar is up a lot, but Justin, sugar is still 50% below its all time high. How can you say that's bolted? Silver is going up, but silver is 40% below its all time high. Yes, commodities have been going up recently, but they are still extremely depressed on a historic basis......
in www.bbc.co.uk

Jim Rogers : Why Gold will continue to Rise

Jim Rogers - Gold to $2000 in 5 to 10 Years, Silver is an even better investment

Jim Rogers :"one reason gold will continue to gain is because of what he called the failed policies of the Federal Reserve, its Chairman Ben Bernanke, as well as Treasury Secretary Geithner and other government officials"
"They've all been dead wrong, totally unadulterated wrong," "Unemployment is higher now than it was before. Everything is worse instead of better. Let people go bankrupt. Let the system clean out and start over."
"If the world economy gets better I'm going to make money in commodities," Rogers said. "If the world's economy doesn't get better I'm going to make money in commodities, because the Fed is going to print money." and Rogers added that silver may even be a better buy now than gold because it is well off its historical high, while gold has been setting a series of new peaks lately. Rice will do well among soft commodities ,Jim Rogers always been very bullish on commodities and especially agri-commodities advised the CNBC journalist to go and get a farming degree ....

Jim Rogers : Sugar is going to go much higher over the next few years

Jim Rogers : Sugar is going to go much higher over the next few years. I have no idea whether this is a short term trade or not. I am terrible at it, terrible at short term trading. I am ecstatic to hear that your government is loosening up. Indian government is one of the most restrictive and controlling governments in the world. They should let sugar farmers finally make some money. So I hope that they continue to expand. I hope that the sugar farmers continue to make money and yes the price of sugar is going to be much higher over the next 5 to 10 years. So there is lots of money to be made in sugar unless your government does something foolish again.
in www.economictimes.indiatimes.com

Jim Rogers Expect gold to cross $2000/ounce in next 5-10 years

Jim Rogers I am mainly playing currencies and Commodities

Click here to watch the Interview >>>>

Jim Rogers : "Some people are getting better, some sectors are getting better. Governments have been pouring gigantic amounts of money into the market and the people who get that money are obviously better off and they think that things are better and they are better. But overall, the situation continues to deteriorate, unemployment goes higher, the debts are staggering in the West anyway. So the whole world is going to have more and more horrible problems in the future. .."
"Sugar is going to go much higher over the next few years. I have no idea whether this is a short term trade or not. I am terrible at it, terrible at short term trading. I am ecstatic to hear that your government is loosening up. Indian government is one of the most restrictive and controlling governments in the world. They should let sugar farmers finally make some money. So I hope that they continue to expand. I hope that the sugar farmers continue to make money and yes the price of sugar is going to be much higher over the next 5 to 10 years. So there is lots of money to be made in sugar unless your government does something foolish again. "..

Jim Rogers sees opportunities in Sugar Coffee and Farming

Jim Rogers : Agriculture has been a horrible business to be in for the last 30 years but I see some good opportunities there as the world demands more food. Sugar prices are very depressed. Something like 75 per cent off their all-time high back in 1974. And coffee prices are also depressed. Farming is one of the few areas I am optimistic about.
You might think these sorts of commodities' values were peaking especially something as basic as rice given the demand for them but it takes a while for the markets to catch on.
If you don't feel confident enough buying the individual commodity there will always be an index or an ETF (Exchange Traded Fund) that tracks it.
in the telegraph.co.uk