Legendary investor and commodity guru was recently interviewed by Deutsches Anleger Fernsehen (DAF) to get his insights on today's markets and economic thoughts. Below are some quick notes.
- Jim Rogers expects gold to go lower in the short term as it has gone straight up, but believes over the long term it will his $2,000.00
- Rogers would buy silver right now as it is 60% off its all time highs
- Sugar, Rice and other agiculture commodities are also interesting as they are well off their all time highs
- On oil, Jim Rogers believes oil is going to stay high and go higher as we known reserves continue to deplete.
- Recently, Jim Rogers bought Malaysian stocks in which he doesn't mention but overall continues to be bullish on "real" assets such as commodities.
