Jim Rogers Interviewed - Comments on Gold, Oil & Commodities
Posted: Wednesday 19 April 2006 - General Investing Section
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Peter Schiff over on www.SafeHaven.com does a quick interview with legendary investor Jim Rogers, George Soros's ex partner.
Comments include -
"I've always tried to explain to people that they would make more money in other commodities than they would in gold"
"If I were looking at commodities these days, I would look at things like agriculture, because agriculture, for the most part, has moved up less than metals or anything."
"Renewing commodity infrastructure, finding new sources of commodities, new oil fields, developing new plantations takes lots of time...years in many cases. Only one new lead mine opened in the world in twenty-five years!"
"If history is any guide, some time between 2014 and 2022, the bull market in commodities will come to an end."