http://www.creditwritedowns.com/2010/01/jim-rogers-is-still-bullish-on-commodities.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 http://www.creditwritedowns.com/2010/01/jim-rogers-is-still-bullish-on-commodities.html#comment-58112 Glenn Corliss Sun, 17 Jan 2010 21:44:00 +0000 http://www.creditwritedowns.com/2010/01/jim-rogers-is-still-bullish-on-commodities.html#comment-58112 I have the upmost respect for Mr. Rogers, but I don't think he fully appreciates how most global agriculture is still woefully inefficient, but improving. As efficiency continues to improve, agricultural supply will increase sufficiently to inhibit sustainable price run-ups caused by increased demand. In the short run, marginal demand from hedge-funds may push forward prices higher from time to time, but farmers will simply increase supply, pushing prices lower again. Unless you're a short-term "trader" - something Mr. Rogers always claims he is not - then you're better off playing oil or other commodities with steep supply curves to counter potential inflationary pressures caused by "helicopter Ben". I have the upmost respect for Mr. Rogers, but I don’t think he fully appreciates how most global agriculture is still woefully inefficient, but improving. As efficiency continues to improve, agricultural supply will increase sufficiently to inhibit sustainable price run-ups caused by increased demand. In the short run, marginal demand from hedge-funds may push forward prices higher from time to time, but farmers will simply increase supply, pushing prices lower again. Unless you’re a short-term “trader” – something Mr. Rogers always claims he is not – then you’re better off playing oil or other commodities with steep supply curves to counter potential inflationary pressures caused by “helicopter Ben”.

]]> http://www.creditwritedowns.com/2010/01/jim-rogers-is-still-bullish-on-commodities.html#comment-58104 Anonymous Sat, 16 Jan 2010 00:17:00 +0000 http://www.creditwritedowns.com/2010/01/jim-rogers-is-still-bullish-on-commodities.html#comment-58104 This is just silly. Doesn't Rogers realize that China is a big bubble waiting to burst? What does he think will happen to commodities when it does? This is just silly. Doesn’t Rogers realize that China is a big bubble waiting to burst? What does he think will happen to commodities when it does?

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