Q&A with Investing Legend Jim Rogers

http://www.time.com/...1855667,00.html

One very smart man on major trends, but be very aware that he says he is a lousy market "timer". Check out two ETFs that track his commodity indexes" RJI and HAP. He is clearly very bullish on commodites long term. RJI is trading at about 7.5, after a substantial decline recently with the worldwide slowdown, this could be a terrific long term buy right in here.

i'm too lazy to read the article but ... we (as in the world) have been VERY lucky with these feed grain crops. world stocks/usage are bumping along record lows. two years of bad weather (not uncommon in history) in the USA and/or one of the other four major growing regions and there would be famine on a scary scale. i like watching the corn chart for double bottoms around seasonal chart lows for a throw of the dice, fwiw. p.s. i went ahead and read it - a good read, thanks.

Edited by humble1, 05 November 2008 - 03:06 PM.

I've been a fan of Rogers since I first read his comments on the Barrons panel back in the 1970s. That said, I suspect ever Jim would give pause over the idea that he is now in Time magazine. IT

One very smart man on major trends, but be very aware that he says he is a lousy market "timer".
Check out two ETFs that track his commodity indexes" RJI and HAP. He is clearly very bullish on commodites long term.
RJI is trading at about 7.5, after a substantial decline recently with the worldwide slowdown, this could be a terrific long term buy right in here.

I cant help but think likewise. Sure looks tempting now, however, I remain in watchful waiting mode on agricultural commodities. For now I remain in the deflation camp. When all Blackhawk Ben and his cronies including King Henry's helicopter drops start to show up I will be back in with the inflationists big time. Agricultural commodities should then bust a huge move.