Monday, October 13, 2014

Oil and commodities still in long term bull market according to Jim Rogers

We are going to have a bit more correction in crude oil prices and some commodities. I hope to buy some commodities when this correction goes far enough. The world is running out of oil in most countries, and the bull market in crude oil is still not over in my view. When crude oil goes down further, I would rather buy the commodity than sell.

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