Jim is back again calling for doom post election and pounding the table on agriculture commodities. Here are his main observations today:
- Recessions can’t be avoided, it has happened every four to six years forever.
- He isn’t sure the U.S. ever really got out of the last recession.
- Investors need to prepare themselves for a terrible 2013 and 2014.
- Gold is an okay place to invest but Rogers prefers agriculture.
- China is going to have a property collapse, but investing in Chinese agriculture and water will be a boom even during a recession.
- Recessions can’t be avoided, it has happened every four to six years forever.
- He isn’t sure the U.S. ever really got out of the last recession.
- Investors need to prepare themselves for a terrible 2013 and 2014.
- Gold is an okay place to invest but Rogers prefers agriculture.
- China is going to have a property collapse, but investing in Chinese agriculture and water will be a boom even during a recession.