Commodities won’t fail you, says Rogers

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“If the world economy gets better, commodities are going to make a fortune. If the world economy does not get better, commodities are the place to be because they are going to print more money, and that’s how you protect yourself,” investor Jim Rogers told Larry Kudlow on CNBC.

“This is the time when you should own real assets, not stocks and bonds. Throughout history, go back and look, you know we had huge inflation in the 70s, stocks were not in a good place to be,” he said.

Source: CNBC, January 26, 2011.

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2 comments to Commodities won’t fail you, says Rogers

  • Leland

    “This is the time when you should own real assets, …”

    I just can’t help but wonder how many of the people who bought houses (a real asset) as an investment over the past decade still believe that was a good idea. Now is a good time to get out of debt, prepare for the worst and hope for the best.

  • Anyone that thinks a home is an asset does not understand the term asset and what an asset does. Perhaps being underwater will prompt a few to get off their uneducated rearends and do a little reading.

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