Jim Rogers took it to the floor of the NYSE on Wednesday October 07, 2009 to talk about commodities and gold. Despite the recent run up in commodity prices, Jim Rogers still believes we have room to go and commodities will outperform. I personally found the interview to be of great value and not being inside the studio gave the interview a different vibe.
“The fundamentals get better and better for agriculture. We have a shortage of farmers developing, much less of everything else,” Rogers said in a live interview. “Demand goes up, inventories go down, it’s the perfect storm.”
“Gold is going to go much higher over the next decade or so,” he said. “I’m not selling any gold, I wouldn’t buy it, I don’t like to buy anything at an all time high, but don’t sell your gold, it’s going to be much higher in ten years.”
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October 7, 2009
Video Interviews