Thursday, November 14, 2013

Bullish Agriculture, base metals says Rogers

Jim Rogers is advocating buying of Agriculture investments. In a recent interview he said, "I am very optimistic about all agricultural products. I do not have a clue for the near term. I am a very bad short term trader."

And on the topic of metals, he likes base metals, not gold right now. Roger says "Base metals are down substantially. I suspect that base metals will be stronger next year. If I had to buy them I would. Some of the money printing is working its way into the economy. Some of that money would go into base metals as a protection against inflation. I would much rather buy base metals than precious metals."