Jim Rogers' commodity funds
"Bottom will come when market goes up on bad news."
“I am going to make a lot more money in agriculture than I am in gold or any stocks on the board. I know the inventories of food are the lowest they been in fifty years. Farmers cannot produce anymore. There is a shortage of tractors, tractor tires, seed, fertilizer. There is a shortage of farmers.”
“We are going to have an inflationary nightmare. Througout history whenever people have printed a lot of money, six months a year later you have terrible inflation. May I repeat again. May I urge you to buy some agricultural products. Massive inflation is coming and the only way to protect yourself is to be out of paper assets and into real assets.”
Jim is buying commodities and Swiss Francs. He is currently in short term treasuries but expects to get out soon and go short more government long term bonds. He also says commodities are still in a bull market, and has used this downturn to add to commodities, especially gold, and he expects to make the most money in agriculture in the years ahead.
The inventory of food is the lowest in 50 years. There is a shortage of farmers, tractors, tractor tires, seeds, etc. Jim says the bottom in equities will come when the market goes up on bad news.
Rogers International Commodity TRAKRS Index - $RCT
ELEMENTS Rogers Intl Commodity ETN - RJI
ELEMENTS Rogers Intl Commodity Agric ETN - RJA
Labels: agricultural products, commodity, Jim Rogers