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Jan. 27, 2011, 3:43 PMWorried about increasing prices, short supplies, and political unrest, developing countries are stockpiling staples. Wheat touches a new 29 month high after Algeria and Saudi Arabia announce extraordinary purchases. Indonesia, which usually buys rice 200K tons at a time, tenders for 800K. JJA +0.4%. | 1 Comment
Jan. 27, 2011, 10:09 AMUnconcerned that China and India are tightening monetary policy, Jim Rogers sees commodities as a win/win investment. “If the world economy gets better, commodities are going to make a fortune. If the world economy does not get better, commodities are the place to be because they are going to print more money." | 4 Comments
Sep. 21, 2009, 1:44 PM
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