Posts Tagged ‘commodities’

Video: Go Become a Farmer; Stock up on Whiskey

2009, March 4



Jim Rogers on Australian TV.
H/T to Richard Spencer.

Business Week Facetime February 26, 2009: “Jim Rogers Doesn’t Mince Words About the Crisis”

Are you worried the economic crisis will lead to political turmoil in China and elsewhere?

I absolutely am. We’re going to have social unrest in much of the world. America won’t be immune.

What does all this mean from an investment standpoint?

Always in the past, when people have printed huge amounts of money or spent money they didn’t have, it has led to higher inflation and higher prices. In my view, that’s certainly going to happen again this time. Oil prices are down at the moment, but that’s temporary. And you’re going to see higher prices, especially of commodities, because the fundamentals of commodities are enhanced by what’s happening.

Which commodities are worth buying or holding on to?

I recently bought more of all of them. But I really think agriculture is going to be the best place to be. Agriculture’s been a horrible business for 30 years. For decades the money shufflers, the paper shufflers, have been the captains of the universe. That is now changing. The people who produce real things [will be on top]. You’re going to see stockbrokers driving taxis. The smart ones will learn to drive tractors, because they’ll be working for the farmers. It’s going to be the 29-year-old farmers who have the Lamborghinis. So you should find yourself a nice farmer and hook up with him or her, because that’s where the money’s going to be in the next couple of decades.



John Williams of ShadowStats.com.

Audio: Inflation or Deflation?

2009, March 4

http://commoditywatch.podbean.com/2008/08/24/inflation-or-deflation-part-1/
From CommodityWatch on August 24th, 2008 (In association with Minesite. com), presented by Dominic Frisby:
Inflation or Deflation? Part 1
James Turk of Goldmoney;
Mish Shedlock of Global Economic Analysis;
and Michael Hampton of Global Edge Investors.

http://commoditywatch.podbean.com/2008/09/01/inflation-or-deflation-part-2/
From CommodityWatch on September 1st, 2008 (In association with Minesite. com), presented by Dominic Frisby:
Inflation or Deflation? Part 2
Bob Hoye of Institutional Advisors;
Dr Marc Faber of GloomBoomDoom.

H/T to Mike Shedlock.