Ron2008

Jim Rogers: Lessons from a Legend

You are definitely correct on this point!


On Dec 10 09:31 PM Kitegeezer wrote:

> I can tell you that Rogers recommendation to buy a farm is bunk.
> You would be far better off buying agricultural futures and living
> in a nice residence in a cosmopolitan city. The history of civilization
> is built on exploiting farmers, today is no different. How much bargaining
> power does a farmer have? - you tell me, he has to borrow money for
> inputs and his suppliers and customers are essentially the same people.
> Where I live in Brazil, they are exactly the same people.

Stocks, Bonds, Commodities and Currencies: My Predictions for 2009

To have inflation you have to have demand. With unemployment soaring, demand will take a long time to show up.

The housing market will never have the demand of a few of years ago because subprime mortgages won't be handed out like candy again.