Jim Rogers talked agricultural commodities with Money Morning recently and he shared some very interesting stats and facts about the industry:
"The agriculture sector has been a disaster for 35 years. Things are so bad. The average age of an American farmer is 58, the average age in Japan is 68. And do you know that the highest suicide rate in the UK is in the agricultural sector?"
Related trading instruments: PowerShares DB Agriculture Fund (DBA), Mosaic Co (NYSE:MOS), Potash Corporation of Saskatchewan (USA) (NYSE:POT), John Deere (DE)
Friday, January 19, 2018
In a recent interview with Money Morning, Jim Rogers explains why he is bullish on agricultural commodities and why they might rally in the future:
"There will be an imbalance in the future between demand and supply in agricultural commodities… and that will drive prices higher."
Related trading instruments: PowerShares DB Agriculture Fund (DBA)
Tuesday, January 16, 2018
Internet is gonna change everything we know. How it's going to evolve, I don't know. I do know that governments do not like to lose control, governments want to control everything.
The crypto people say, "yes but we're smarter than the government" and they are, everybody's smarter than the government but the government has more guns than everybody else. So if the government wants to control money they will.
Jim Rogers shares his views on money, cryptocurrencies and Bitcoin.
Friday, January 12, 2018
In the past when America has given tax incentives to bring US Dollars home it has made the US Dollar go higher, certainly for a while. These tax laws have just changed and there are now incentives to bring US Dollars home. I suspect they people will bring the US Dollars home and I suspect the US Dollar will go higher especially as interest rates go higher.