Jim Rogers Shares His Thoughts on the Market [View article]
If you are a commodity producer then you make money. Farming, coal production, steel production etc. have been horrible businesses due to low prices. We need to get of the consumption only business. It isn't sustainable.
On Jun 19 10:59 AM Larry House wrote:
> Rogers' views have been well known for some time. I don't see any > new ones here. I don't understand how commodities might lead us > out of this mess, as is mentioned. The stronger the prices of commodities, > the higher the costs for consumers, hence the lower level of spending > consumers can make on things in general. I think lower commodity > prices would help to lead us out--not higher commodity prices. Am > I missing something?
Jim Rogers Shares His Thoughts on the Market [View article]
On Jun 20 12:14 AM Tom E. wrote:
> I am short expatriot American money men in Asia. It will not be
> long before they are chased through the streets and stoned.
Jim Rogers Shares His Thoughts on the Market [View article]
On Jun 19 10:59 AM Larry House wrote:
> Rogers' views have been well known for some time. I don't see any
> new ones here. I don't understand how commodities might lead us
> out of this mess, as is mentioned. The stronger the prices of commodities,
> the higher the costs for consumers, hence the lower level of spending
> consumers can make on things in general. I think lower commodity
> prices would help to lead us out--not higher commodity prices. Am
> I missing something?