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Jim Rogers; Gold and Commodities are a Great Investment

Posted on | November 10, 2009 | 2 Comments

Jim Rogers recently stated that gold and all commodities are going to continue to be a great investment no matter what happens in the overall global economy.  Nouriel Roubini recently stated that there is an asset bubble but Jim Rogers totally disagrees.  He feels that silver is 70% off its all time high so how is there a bubble?  A bubble takes place when new all time highs are made on a daily basis.

Another point Jim Rogers makes is that a bubble does not occur until everyone is talking about and owning an asset class. At this point virtually no one owns a basket of commodities.  People are starting to invest in gold but who has any investments in aluminum or sugar?  Just because an asset class doubles in a year does not mean that it is in a bubble.

Jim Rogers feels that a strong reason to invest in gold is because paper money is causing huge suspicion throughout the world.  Government continue to print more and more money to try and “print” their way out of a recession but this could cause huge inflation problems in the future.  Even with the potential of gold, Rogers likes other commodities such as silver, cotton and coffee.

Make sure to return to Subprime Blogger to get your Jim Rogers news.  We also write columns on Ron Paul, Peter Schiff and Gerald Celente as these men have done a great job of pointing out some of the problems America faces.  Each of these men correctly predicted the decline of the dollar and the subsequent commodity bull market. We will continue to keep you updated on the commodity bull market as well as commentary from these individuals.  The columns are located in the Current News section with a link located below.

Current News

Author: Jesse Wojdylo

Category: Current News

Comments

2 Responses to “Jim Rogers; Gold and Commodities are a Great Investment”

  1. V
    November 11th, 2009 @ 12:35 pm

    Nouriel roubini is a tool in front of Jim.

  2. Mike Willner
    November 29th, 2009 @ 6:03 pm

    What happens to gold and commodities if interest rates begin to rise?

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