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Last Updated : 11 August 2011 at 17:05 IST
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Jim Rogers sees future in agri-commodities, stops buying gold, silver

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Commodity Online
Investing legend, Jim Rogers has stopped buying gold, Silver and stocks and is upbeat on agriculture. In an interview to Garett Baldwin, Executive Editor of Investment U, Rogers said that agriculture prices on a historic basis are still depressed and that is where he sees the next opportunity.


Jim Rogers, co-founder of the Quantum Fund told Investment U that he has stopped buying Gold and Silver but is not selling as he believes that gold will hit and surpass $2,000 an ounce soon rather than later.


The present commodity supercycle will last for 20 to 25 years. So if this commodity bull started in 1999 or 2000, this bull will run until about 2020 to 2025, he added.

MCX Kapas 31 March 2012 contract was trading at Rs 756.5 , up Rs. 29.1 . What's your view on it?
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Shawk Nixon  Posted On : Aug 11, 2011 10:48 PM
Jim Rogers is usually quite wise about these moves. As bullish as I am on gold, I will probably move some paper holdings towards grains later on this year.