Jim Rogers: Why You Should Invest In Asia And Commodities
22 September 2009
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Jim Rogers is one of my favorite investment “gurus”. Unlike many others, he’s made billions from investing as opposed to peddling investment advice and he puts his money where his mouth is. He has recently moved his family and household, lock, stock and barrel to China and believes Asia is the economic powerhouse for the coming century.
Check out this very informative interview from early 2009 about his opinion on how the policies of the US will be detrimental to the long term economy and why commodities will do well over the longer term. He’s gone on record saying that he’s a buyer of gold on dips (and even if it goes higher), and more recently he said that gold is close to its all time highs (non-inflation adjusted), while other commodities like silver are still a 50% off their all time highs. Sounds like a hint to be buying silver to me!
Here’s a quote from the interview:
Related PostsInterviewer: Do you still have faith in commodities?
Jim Rogers: You can’t invest on faith, you invest on fundamentals!
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