Why Jim Rogers is shorting stocks and favoring commodities

By Prieur du Plessis, on December 30th, 2011 posted in: Investment, Markets, Money One comment so far

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Widely-followed investor Jim Rogers discusses his outlook for the economy, stocks and commodities. He said: “I’m not sure I’m optimistic about 2012 at all, and I’m certainly not optimistic about 2013, but if I were buying anything it would certainly be agriculture commodities going forward. We have huge shortages developing of everything, including shortages of farmers. So, agriculture is going to be a great place for the next 10, 20 years.”

Rogers was also recently interviewed by BBC Radio. The soundtrack is here and the full transcript here (hat tip: Global Investor Blog).

For those readers interested in the Rogers International Commodity Index® (“RICI®”) and its energy, metals and agriculture sub-indices, the details are here.

Source: CNBC, December 28, 2011.

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