During an appearance on CNBC, Jim Rogers continues to express bullish on commodities, predicting gold $2000, and a rapid rise across all ag commodities.
Because food demand will explode, and because agriculture has been under-invested in.”Get yourself a tractor,” he says, as ag has another good 5-15 years in it.
He particularly likes rice and sugar.
As for currency, he says he’s pessimistic (just like everyone else) and that that’s a good reason not to sell the dollar right now. Long-term though, yes, it will keep going down.
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