Bullish Agri Commodities
The world may be going through an unprecedented economic downturn leading to falling stock markets, volatile commodities markets and collapse of banking giants. But some investors continue to be bullish in these times of extreme bearish markets. One such is global investment legend Jim Rogers.
Rogers, who shifted his residence from the United States to Singapore, “to live in Asia because things are happening in Asian countries, particularly China,” says he continues to be bullish on a select few commodities.
”I continue to be bullish on most agricultural commodities. I also look forward to big investment opportunities in commodities like crude oil, cotton and zinc,” Rogers said in a recent interview.
Rogers, chairman of Rogers Holdings, and a a vocal critic of America and Britain says commodities will be the place to put your money so that when the world comes out of the economic meltdown.
According to him, the tightness in the credit markets is leaving farmers unable to buy fertilizer. “No companies are opening new mines, leaving supply problems which will be followed by shortages,” he said pointing out that he expects commodities prices to naturally rebound in the next few years.
Recently, Rogers famously said that the pound was "finished" and he was putting all future hopes and investments in China. “The charm of United Kingdom is all over and it would be prudent to sell the pound fast,” he is quoted as saying.
According to Rogers, three billion people living in Asia, most of them in India and China, will account for a major portion of the total demand for commodities in the coming years.
Rogers, who shifted his residence from the United States to Singapore, “to live in Asia because things are happening in Asian countries, particularly China,” says he continues to be bullish on a select few commodities.
”I continue to be bullish on most agricultural commodities. I also look forward to big investment opportunities in commodities like crude oil, cotton and zinc,” Rogers said in a recent interview.
Rogers, chairman of Rogers Holdings, and a a vocal critic of America and Britain says commodities will be the place to put your money so that when the world comes out of the economic meltdown.
According to him, the tightness in the credit markets is leaving farmers unable to buy fertilizer. “No companies are opening new mines, leaving supply problems which will be followed by shortages,” he said pointing out that he expects commodities prices to naturally rebound in the next few years.
Recently, Rogers famously said that the pound was "finished" and he was putting all future hopes and investments in China. “The charm of United Kingdom is all over and it would be prudent to sell the pound fast,” he is quoted as saying.
According to Rogers, three billion people living in Asia, most of them in India and China, will account for a major portion of the total demand for commodities in the coming years.
