Last Updated :
11 August 2011 at 17:05 IST
Jim Rogers sees future in agri-commodities, stops buying gold, silver
Commodity Online
Investing legend, Jim Rogers has stopped buying gold, silver and stocks and is upbeat on agriculture. In an interview to Garett Baldwin, Executive Editor of Investment U, Rogers said that agriculture prices on a historic basis are still depressed and that is where he sees the next opportunity.
Jim Rogers, co-founder of the Quantum Fund told Investment U that he has stopped buying gold and silver but is not selling as he believes that gold will hit and surpass $2,000 an ounce soon rather than later.
The present commodity supercycle will last for 20 to 25 years. So if this commodity bull started in 1999 or 2000, this bull will run until about 2020 to 2025, he added.
NCDEX SILVERINTLJUN2012 28 June 2012
contract was trading at
Rs 0 . What's your view on it?
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