AEV 13.3% 1.3¢ avenira limited

fund manager jim rogers on 20 year bull run

  1. 1,715 Posts.
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    Apologies if re-post but it's such an interesting article (kudos to ctindale for the find)

    article : http://business.timesonline.co.uk/tol/business/economics/article3451136.ece

    specific quote from article :
    "Jim Rogers - who co-founded the now closed Quantum Fund with George Soros - told 750 global fund managers in Tokyo today that, America is “completely out of control”, there will be a 20-year bull market in commodities and that prices will be in turmoil.

    And he also warned that it “made sense” if global competition for resources ended in armed conflict.

    Mr Rogers told delegates to the CLSA investment forum that the prices of all agricultural products would “explode” in coming years and that the price of gold, which hit an all-time high of $964 an ounce yesterday, will continue its surge to as much as $3,500 an ounce. "

    So we thought 2006/2007 was good for Iron Ore?...we haven't seen anything yet....it's just the entree if you ask me....consider that now we most commodities reaching all-time highs + Agriculture going absolutely off...we're going to see multiple, multiple-baggers this year, across the board.

    come Monday, you'll have your chance to buy most commodity stocks on the dips....that's where you'll find me.

    later
 
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