Commodities : Everything is Supply and Demand

Q: You’ve argued that commodities are always driven fundamentally by supply and demand. But have commodity prices been swayed lately by apparently external factors, like U.S. monetary policy or bond tapering?


Jim Rogers : Ultimately everything is supply and demand. If tapering occurs, that certainly influences demand, if nothing else. So ultimately it’s all supply and demand. Different things affect supply and demand. War affects demand, for instance. It also affects supply. Money printing affects demand certainly, though it doesn’t affect supply so much.
In the end, whatever happens, most things affect and influence supply and demand, including tapering. - in IBTimes



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.