Wednesday, January 22, 2014

Stocks can goto Zero but commodities wont

The price of a commodity will never go to zero. When you invest in commodities futures, you're not buying a piece of paper that says you own an intangible piece of company that can go bankrupt.

Jim Rogers is a investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000%.