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The stock is dead, long live commodities, says Rogers
View Point
The stock is dead, long live commodities, says Rogers
By
Howard Winn
|
30 March 2007
Keywords:
stocks
|
bonds
|
commodities
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Investment guru Jim Rogers says the rise of China and the change in the status of the US dollar as a reserve currency is having a profound impact on global demand.
Investment guru Jim Rogers believes that the bull market for stock and bond markets is over and says investors should get into commodities. There is a long-term bull market in commodities which will extend to 2014-2022, he told the Credit Suisse Asian Investment Conference in a keynote speech yesterday.
Rogers started the Quantum Fund with George Soros in 1973 and went on to make a fortune by the age of 37 before giving it up to become a best-selling author, lecturer and commentator, while maintaining his interest in investing.
His research indicated that the shortest ...
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