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Farmers Hit the Jackpot in Kansas Oil BoomInvestors who followed the advice of Jim Rogers' book Hot Commodities cleaned up in the ensuing global bull market in commodities. Since then, Jim Rogers has become one of a handful of people that anyone who cares about commodities absolutely must listen to.
Now you can listen to him in a new interview with TechTicker.
Mr. Rogers said that a U.S. recession would have an effect on demand for "nearly everything" but said that he is still buying agriculture even though he believes the U.S. is in a recession because he views the factors that will drive agriculture higher as being largely independent of our economy.
He cautioned, however, that bull markets do not go straight up and that there will be consolidations. On oil, he declined to make a short-term prediction calling himself "the world's worst market timer." He also said that everyone will be surprised by how high oil eventually goes.
If you haven't already read his latest book A Bull in China, you ought to get on that.
Now you can listen to him in a new interview with TechTicker.
Mr. Rogers said that a U.S. recession would have an effect on demand for "nearly everything" but said that he is still buying agriculture even though he believes the U.S. is in a recession because he views the factors that will drive agriculture higher as being largely independent of our economy.
He cautioned, however, that bull markets do not go straight up and that there will be consolidations. On oil, he declined to make a short-term prediction calling himself "the world's worst market timer." He also said that everyone will be surprised by how high oil eventually goes.
If you haven't already read his latest book A Bull in China, you ought to get on that.
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