Tuesday, June 13, 2006

Jim Rogers Gives Kudos to Agricultural Commodities

Former George Soros partner in the Quantum Fund, Jim Rogers talks to Classic Business Day about his bearish outlook for the U.S. markets and the dollar, and his bullish commodities views especially with regards to agriculture.

LINDSAY WILLIAMS: When Classic Business Day spoke to Jim Rogers in December 2005 he had some fairly strong things to say about the U.S. stock market, the U.S. economy, the dollar, and incoming U.S. Federal Reserve head Ben Bernanke: “I’m not too optimistic about the U.S. stock market in 2006 - the economy will slow down, the market will slow down. The market’s been flat for a couple of years now, basically. Ben Bernanke will be a disaster for the U.S. Federal Reserve - his solution to everything is to print money. I’m not optimistic about the dollar, the stock market or the economy in the U.S. next year.” Jim, good evening.

( Full story here )

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