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Jim Rogers still bullish on commodities
Posted on 13 April 2010 with 1 comment from readers
It would be even bigger news if the author of Hot Commodities was bearish on commodities. But this is a long wave cycle whatever the short term ups and downs.
Jim Rogers thinks commodity prices still have a long way to go up. It is not just gold and silver that stand to benefit as the world economy inflates to accommodate all the new money created to head off the global financial crisis. Oil and industrials commodities will boom along with agriculture.
Posted on 13 April 2010
Categories: GCC Economics, Gold & Silver, Investment Gurus, Oil & Gas, Video Channel
1 Comment posted by readers:
The chief economist of Goldman Sachs USA just said on CNBC USA TV, that he wouldn’t be surprised if the Federal Reserve kept their interest rate near 0 until near the end of 2011. (He went out a whole year longer than I recently guessed on this site.) He predicted slow economic growth in the USA for the rest of this year, unless housing falls off a cliff again. That means the market will probably continue to go up for a while.
Oh, and Paul B. Farrell just wrote yet another, ‘doomsday is nigh’ article on Market Watch.com. They are starting to add up !