Tuesday, October 5, 2010

Jim Rogers: Heads I Win; Tails I Win

In this video, Jim Rogers tells us again that commodities are positioned to outperform regardless of which way the economy goes.  He is high on many commodities, including gold, sugar, rice, etc.

Why?  That's simple.  Agriculture has been a lousy investment for 30 years.  The resulting underinvestment is certain to lead to higher prices.  Kind of like a pig in a python.

Rogers predicts that gold will hit $2,000 within 10 years.  But as he points out, that's really not a very outlandish position given our current circumstances.














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