Friday, July 26, 2013

Rogers On Agriculture, Commodities, Future Expectations

Yes, I admire Jim Rogers

Speaking to attendees at the fourth annual Innovative Alternative Investments conference in Denver yesterday, Jim Rogers   said “I’ve never seen a bull market [in any asset class] that goes on forever,” Rogers said. “There may be one, but I’ve never heard of it.”

Speaking of the current bull market in U.S. equities, Rogers told advisors, “Enjoy it, but be prepared. I do know it will end, but not when. We’re getting close to the end."

The day that happens won’t be a pretty one. “When it ends it will be a big mess,” he continued. “This will be worse than 2001 and 2008-2009.” - via The Financial Asvisor Magazine




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