Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Wednesday, May 7, 2014

Agriculture : prices are going to go much, much, much higher



HAI: Does this move in agricultural commodities this year surprise you? We had a record corn crop, yet prices are rallying, and coffee has nearly doubled since the start of the year. Are these moves sustainable?


Jim Rogers: Inventories of agriculture products are near historic lows. The world has consumed more than it has produced for a decade now, so that means inventories are very low, and we’re running out of farmers worldwide. The average age of farmers in America is 58, in Japan it’s 66.
I can go on and on. More people in America study public relations than study agriculture. So we have low inventories and we have a shortage of farmers developing. We’re expecting a crisis in agriculture sometime in the next few years, and prices are going to go much, much, much higher. - in HardAssetsInvestor




Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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