Thursday, January 22, 2009

Jim Rogers On Commodities

Jim Rogers has long been a commodities bull. I've enjoyed reading two of his books on the subject matter. He compares the recent commodity correction to the 1987 stock crash. He describes it as a correction in an overall bull market.

"Everything is in a period of forced liquidation, so everything is going down with no regards to the fundamentals." Jim Rogers

An informative interview:
http://www.youtube.com/watch?v=Kggi97JFulE&feature=related

3 comments:

Dave Melbourne said...

The only crash I can remember from 1987 was the one where I drank too many rum punches at Carlos and Charlie's down in Cozumel

KAB said...
This comment has been removed by the author.
KAB said...

Dave,
I was honored to have been there to witness your Cozumel Crash of 1987!