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

Jim Rogers is very entertaining to watch!


Jim Rogers, who once ran a hedge fund with George Soros, was the earliest investment author to predict the boom in commodities of the last few years. He, like an old professor, is tired of saying the same things and seeing the same foolish decisions. It seems like he's tired of being right and no one listens.

And he gives great explanations about how the market works and great phrases of disapproval of the governments mishandling of the current crisis:

"The way to solve this problem is to let people go bankrupt, then you will hit bottom and then you start over. The people who are sound will take over the assets from the people who aren't sound and we will start over. This is the way the world has worked for a few thousand years."

Is this a CRASH? "Yes, you can call it what you will, it’s very clearly a crash. Things are caving in; it’s really a liquidation. People are selling everything where no matter what the fundamentals, no matter what the underlining values, they gotta sell. It’s forced liquidation. We’ve had this before in history. We’re having it again."

"The market looks ahead. The market is looking ahead and seeing currency turmoil, high inflation, high interest rates, perhaps trade wars, perhaps protectionism. That's what the market is looking ahead and seeing. The market is not declining because of something else."


"We're setting the stage for when we come out of this of a massive inflation holocaust," - about the current rescue plans of flooding the markets with liquidity through debt and printed money.


"We had the worst excesses we had in credit markets in world history. We're going to have to take some pain. Many people bought 4-5 houses with no money down and no job… you think we'll just say well, that's too bad, we'll start over and nobody loses their job? Be realistic."

About the G7 meeting:  "What they (G7 leaders) need to do is go down the bar and leave the rest of us alone."

"Mr. Paulson, Mr. Bernanke, that guy at the New York Fed Ken something, every week they have been dead wrong. Why would you listen to them? I wouldn't listen to them."

"What about all the people in countries that minded their manners, saved their money, didn't get overextended and now all of a sudden they're being asked to bail out a bunch of guys on Wall Street who were incompetent at best and some of them crooks? I thought it outrageous that anybody has to step in a bail out a bunch of 29 year olds driving Maseratis."


"I have an enormous amount of cash and I've been using it to buy more Japanese yen, more Swiss Francs, more agricultural products… there's a liquidation phase going on, where everything is being liquidated. They're selling everything in sight. In a period like this the way you make money coming out of it is to own the things were the fundamentals have not been impaired."


"I'm not sure I'm going to buy equities, when the market caves in I'm not sure equities are going to come out on top. When you have a panic, you buy the things where the fundamentals have been unimpeded. Morgan Stanley (MS) is not coming out of this unimpeded. ..."

"Right now everything is being liquidated, everything. In a period like this, the way you make money coming out of it is to own the things where the fundamentals have not been unimpaired. Commodities are the only things I know that are unimpaired. Supply and demand are still terribly out of balance."

Labels: agricultural products, hyperinflation, Japanese yen, Jim Rogers, Swiss franc