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Pragmatic Capitalism

Practical Views on Money, Finance & Life

ROGERS: YOU CAN’T GO WRONG WITH COMMODITIES

In David Tepper like fashion, Jim Rogers says commodities are in a win win situation (of course, Tepper said stocks were a win win just a week ago).  He says commodities are the obvious beneficiary of the current environment no matter what.  If the economy weakens the Fed will print, devalue the dollar and bid up commodities.  If the economy recovers commodities will also be bid up.  This is exactly what David Tepper expects, however, he sees equities being the beneficiary.  Rogers says gold is going to $2,000.  He also likes rice, farmland, and agriculture in general.

Source: CNBC

Cullen Roche

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC.Orcam is a financial services firm offering asset management, private advisory, institutional consulting and educational services.He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and Understanding the Modern Monetary System.
Cullen Roche

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