For those who don’t know, Jim Rogers is a commodities expert and made a huge fortune in gold around 1980. As for selling everything in a panic, Jim was only agreeing with another pundit’s quote, but aside from agriculture, China, and Russia, he seems bearish. He acknowledges a fall in commodity prices, including oil, and that demand and growth are slow. He explains that debts are way too high and the upcoming bear market will be far worse than anything we’ve seen in recent decades. If he puts money in anything he mentions RICE, SUGAR, and markets in RUSSIA, CHINA, and JAPAN as potential bargains.
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