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Pragmatic Capitalism

Capital for Living a More Practical 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

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