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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: Lizzie Tudor3/1/2008 12:42:26 PM
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Quantum's Jim Rogers says US 'out of control'

The dollar may have declined recently, he added, “but you ain’t seen nothing yet”.

Talking to a room almost exclusively populated with Japan-focused equity investors, Mr Rogers recommended an immediate language course in Mandarin and a switch into commodities — the second-biggest market in the world behind foreign exchange.

Mr Rogers said that historic drains on wheat, corn and other soft commodity inventories have created market dynamics that could lead to severe food shortages.

The outlook over the next two decades would see prices of everything from cotton and sugar to lead and nickel “going through the roof”.

business.timesonline.co.uk

(some of this article is way out there but he makes some good points)
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