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%.

Sunday, June 1, 2014

Jim Rogers: I am Bullish on Sugar & Crude Oil



ET Now: Crude oil prices have seen strength on the back of Ukraine and Russia issues. On the one hand, you have the US supplies near record highs and on the other hand, there are supply-demand plays and geopolitical concerns. Where do you see the crude prices taking next cues from?

Jim Rogers: Remember, all the other known reserves in the world are in decline, even if the supply from the US is rising. Everywhere else, there has been declining reserves, because there have been no great oilfield discoveries in over 40 years.

ET Now: It is interesting to see how the sugar prices are performing now, because after three years of decline in the prices, we are perhaps looking at the first deficit year in the global markets. You also have seen the sugar prices gain up from here. Are you expecting further strength?

Jim Rogers: I own sugar. So I certainly hope so. So by all means, I am bullish on sugar.

 - in ET NOW May 2014




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%.
Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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