Jim Rogers predicts that commodities boom could last 20 years
Jim Rogers (pictured left), the bullish commodities investor, has predicted that demand for raw materials will outstrip supply for the next two decades, fuelling an extended boom. The chairman of Rogers Holdings, based in Singapore, believes the weakness of the dollar will underpin a flight towards commodities. "I don't see any adequate supply situation in any commodity market over the next decade or two," he said. "The commodities boom is not over and the bull market has several years to go. - Telegraph
Dominant Social Theme: Raw materials make a comeback.
Free-Market Analysis: Commodities' biggest bull is back in the news. Jim Rogers does like commodities and he will certainly not hesitate to point to gold or silver as an example of booming commodities, we believe. And that brings us to one of our favorite complaints (as we collect complaints as others collect fine wines!). Gold and silver may be considered commodities but they are really MONEY METALS and have dynamics all their own.
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