Garlic is China s Best Performing Asset this year

The best performing asset in China this year is not gold, stocks, or real estate. Far ahead of the game is a humble commodity you might not expect to take root.

Forget stocks or gold, China's best performing asset this year is... garlic.

Garlic's price has quadrupled since March, Morgan Stanley reported, linking the price surge to its reputation as a flu-fighting food.

Chinese shoppers like Zhang Ping put their trust in the potent bulb.

[Zhang Ping, Garlic Lover]:
"I don't know about H1N1, but it can prevent ordinary colds. Take me, I've not had cold for many years and every year I buy several dozen pounds of garlic."

Some have blamed the surge on speculators playing the garlic market, which has sent the price to about $1.50 per kilogram.

Others have noted a shortage of supply this year and an increase in production costs.

But few expected it to out-perform all other assets, which also surprised Morgan Stanley China strategist Jerry Lou.

[Jerry Lou, Morgan Stanley China Strategist]:
"When you are thinking about gold, or thinking about stocks, and properties, traditional commodities like copper, iron ore, these have all done very well, they've gained between 50 to 100 or slightly more. But garlic -- national level the wholesale price is up three times. So, this is the last thing we expected in the beginning of the year, and this is it."

Whatever the cost, the humble garlic clove seems to be a pungent asset that Chinese customers simply cannot afford to do without.

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Jim Rogers on Agricultural Commodities

Jim Rogers on Agricultural Commodities Crude oil prices sugar lead cotton gold silver copper , agricultural product wheat farming fertilizers ethanol production , corn , ethanol is not going to solve our problems Jim Rogers says ..., bio fuels , if everybody plants corn the price of cotton will shoot to the roof , there were no major oil discoveries so logically the price of oil has to go to $100 and $150 says Jim Rogers , ex oil exporters are now pure importers like Malaysia UK Indonesia etc...Jim Rogers pointed out that there are 3 billions of Asians who are willing to conduct the same life style as in the west this will drive commodities prices to the sky as there will be more demand for food , oil cotton sugar coffee etc....

The currency market will collapse , I have no shorts , Commodities are the best place to be says Jim Rogers

Bear Market Rally? Jim Rogers on CNBC

I'd rather short bonds than short stocks , gold will go over a thousand silver is a great investment agriculture and natural gas are even better,commodities and hard assets to save your investments against the inflation. Jim rogers also expects chaos the currency market buy the end of the year it could be the dollar or the pound sterling , just like the Icelandic krona collapsed 2 years ago , and the Russian rubble , buy hard assets real assets , commodities , agricultural and mining stocks , the fundamentals are getting better only for commodities . We are the largest debtor nation in the history of the world , the dollar is a terribly flawed currency it is going the way the pound did , china Russia and Brazil are trying to dump the US Dollar .the bonds rising indicate that inflation on the way...natural resources economies are going to boom , Brazil emerging markets Australia china are going to be better places than Europe and America ...I never sold a share in China

Fund Managers can become farmers: Jim Rogers

Even if you are outright bearish, don't short the market. Stocks could touch crazy levels, but they may be in currencies which are worthless.
Jim Rogers
Indeed, a sovereign default and currency turmoil could rattle world markets in a year or two. In a chat with ET, global investor Jim Rogers says cotton, silver and sugar can be hot picks. Read on.

At one stage we were inundated with gloomy forecasts, which were further reinforced by the IMF and World Bank. And then suddenly stocks surged — something most were not prepared for. How risky is the market today?

Central banks all over the world have printed huge amounts of money, and the real economy is not strong enough for all this money to be absorbed... so, it's going into stocks and real assets such as commodities. It's a mistake what they are doing. It's giving short-term pleasure, but there's long-term pain as we are going to have much higher inflation, much higher interest rates and a worse economy down the road.

The American bond market is already beginning to go down dramatically as people realise that the American government has to sell huge amount of bonds, and secondly, there is going to be inflation, serious inflation, as it was always in the past when you had governments printing huge amounts of money.

Stocks are rising even as fiscal deficit is widening. Somewhere it has to snap...

It's going to snap. Later this year, next year, we are going to have currency problems, maybe even a currency crisis. I don't know with which currency — maybe with the pound sterling, maybe with the US dollar, who knows. It maybe with something none of us have at the moment. When you have a currency crisis, stocks will be affected, many things will be affected. It is not sound, what's happening out there in the world.

In the 1930s, we had a huge stock market bubble which popped. And then politicians started making many mistakes. They became protectionist. They made solvent banks take over insolvent banks and then both banks failed in the end.

They are doing many of the same mistakes now. What's different this time is that we are printing huge amounts of money which they did not print at that time. So, we are going to have inflation this time.

What do you do? No politically-elected government can afford so much pain, unemployment and hardships...
Read entire article from the economic times India Times :

Invest in Agricultural Commodities if you want to make Money says Jim Rogers

Agricultural commodities is the only place where Jim Rogers, chairman of Rogers Holdings, knows where one can protect their wealth going forward. He talks strategy with Michael Yoshikami of YCMNET Advisors & CNBC's Amanda Drury.

Jim Rogers invest in Commodities start a farming business and move to China

Jim Rogers on One Radio Network May 1st 2009

In this interview Jim does not hold back... find out why he has sold up and left New York for Singapore. Mr Rogers is a straight talking no nonsense kind of guy that tells it like it is.

Articulate and a great nose for business Jim knows the US economy is in free fall and gives his thoughts on why. He offers his thoughts on Gold, Silver, The Depression, Federal Reserve, Banks (aka The Boys), US Government and talks about Civil Unrest all around the world .Jim Rogers is also optimistic about commodities economies such as Canada Brazil ad agricultural economies such as New Zealand , he invests in farming mining Chinese shares , Canadian and New Zealand dollars ...he said that he does not diversify his investments but he focuses on the good ones...he also speaks about his last book his 2 daughters and why he wants them to grow up speaking mandarin ...a great interview ...

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Jim Rogers Interviewed by The Yemen Times

Investment Guru traveler and author Jim Rogers to Yemen Times:
“If we don’t have people going towards farming and prices are going up, we are not going to have any food at any price”

Jim Rogers is a Wall Street legend, who in 1970 co-founded the historical Quantum Fund with George. Soros, during 10 years the portfolio gained more than 4200 percent. He then retired at the age of 37. Setting Guinness World Records, Jim Rogers travelled the world once in 1988 on a motorcycle and another time in 1999 in a custom made Mercedes Benz.

Jim Rogers lectured at the University of Columbia as a visiting professor. He has authored five books, most of which are international best sellers. Jim Rogers is a regular commentator to world news channels such as CNN, CNBC, Bloomberg and others. He is a regular speaker in international conference.

Believing the future hold great favors for South East Asia especially China, Jim Rogers sold his New York Mansion and moved to Singapore in 2007. He has two daughters, the eldest of whom is Happy, 4, who already speaks Mandarin.

Your latest book “Crystal Ball” is in Mandarin only! Could you give us a little insight into the book and why you are not publishing it in English?

Well, there was a Chinese journalist who has been doing a huge study of my life it turns out, and she contacted me and said she would like to do a biography and would I agree and would I cooperate, and I said yes. That’s why it’s done in Chinese, I don’t know if it’s going to be in English or not, it’s not my book, she wrote it. It was written by a Chinese journalist for Chinese audience. It may well be in English someday, I am not translating it, I haven’t even read the book so I don’t know what it says. This is a book about me, not by me.

President Barak Obama received further political boost three days ago when the House of Representatives approved a $3.4 trillion budget outline that endorses much of Mr Obama’s agenda. What do you think this gigantic increase will lead to? And who would benefit most from it?

It’s not good for America it’s not good for the world. It’s not going to work, they are spending a lot of money on making projects work rather than building long term competitiveness of America. America does not have that kind of money, they are going to have to borrow it, print it or tax it, none of which will be good for the American economy in the long run or for the world.

So no, this is just making the situation worse rather than better, many of the Asian countries starting to spend money, but many of them have big reserves which they’ve built up for a rainy day, and now it’s rainy so they are starting to spend their reserve, many of them are spending it in wise ways to be good for the long term competitiveness of the nation. America is not.

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Jim Rogers Not Buying Stocks Anywhere

I am not buying U.S. companies mainly because I think we may have seen a bottom but I don't think we have seen the bottom. I am skeptical about the rally, the world economy for the next year or two or three.

But if stocks go down, I can make money with commodities. In the 1970s, commodities went through the roof even though stocks were a disaster. In the 1930s, commodities rallied first and went up the most long before stocks pulled it together.

Jim Rogers Expect Civil Unrests in the US and all around the World March 17 2009

March 17 -- Jim Rogers, chairman of Singapore-based Rogers Holdings, talks with Television about the outlook for China stocks, commodity prices and the U.S. banking industry.


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