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The Commodities Bubble

Read Jim Roger's book "Hot Commodities" and see if you really
believe commodities are in a bubble. There will be corrections
because of volatility but commodities are not in a bubble.
If you look at a 10-20 chart of commodities, you can see that
they were depressed for many years which leads to under-investment
by these companies. Almost a billion people are going to enter the middle class in the next ten years and they will all want what you
have; a car, air conditioning, stainless steel toaster, better food,
bigger house and countries are going to have to have better infrastructure which means more commodities. It's just that simple.

The Long Case for Southern Copper Corp.

I bought Southern Copper several years ago. It's my best investment.
I also benefit from the volatility of the copper play. Several times
I have had limit buys at 98, let it run up to 112+ and sell it. But I
always keep my core holding. It pays a great dividend and there is no substitute for copper.

Commodities: Storm Clouds Starting to Lift

I really don't understand. With close to 1 Billion people entering the
middle class in the next ten years, why does it make sense to be "neutral" on commodities??? These are people living in what the Western world would consider to be severe poverty. Try to imagine 1 Billion people striving all at the same time to have what you have, i.e. better food, transportation, housing, clothes, clean water, more energy, etc. It has been 30 years since we've had a major oil find but let's say they find one tomorrow. It will still
be 5 years to bring it to market. Gasoline inventories are low before the driving season. Copper production is down. I can't think of a single commodity where there's an abundance. The stupidity of the ethanol program has taken valuable farm land out of circulation for food production. I could go on and on but I think I've made my point.

Who's to Blame for the Commodities Boom?

Commodities are not in a bubble. There will be corrections along the way and they are volatile but it is not a bubble. Never before in the history of the world has there been such growth with almost a billion (with a B) people entering the middle class in the next ten years.
They are going to want what you have: bigger house, new car, stainless steel toaster, air conditioning, etc. Even with a recession,
nothing can change the math in the long run.

Jim Rogers' Picks and Pans - Barron's Interview

I have been following Jim Rogers since 2005 so I'm a new fan. Because of his brilliant analysis - they say he can see around corners - my
portfolio is at an all time high today. Every time I deviated from
his advice, I lost. I would love to meet him at some point in time.
In the last few years, I think my portfolio is up more than the Rogers International Commodity Fund. He is amazing.

Jim Rogers: Fed Policy is 'Outrageous'

I am a big fan of Jim Rogers. Quite awhile ago I read an article about him in Fortune magazine. It made so much sense that I completely changed my stock portfolio to follow his advice. Smartest thing I have ever done in the stock market. Even in this terrible market, my portfolio has never been better. Read his book, "Hot Commodities". You'll be a believer. Thanks Jim.

Frontline Ltd. Q4 2007 Earnings Call Transcript

It's amazing that FRO pays such a generous
dividend and price appreciation as the same time.
I wish more companies followed their lead. I can think of
many examples of companies with huge amounts of cash
that really don't give a good return to their stockholders.
Often I think all that cash tempts them to make purchases or decisions that are not well thought through or else they get fat and lazy. Microsoft comes to mind.

3 Reasons Why the U.S. Will Avoid a Recession: I'm Skeptical

Without some external shock such as a terrorist attack, it is possible
for the U.S. to avoid a prolonged recession. The rest of the world needs the U.S. and is therefore unlikely to take steps that will be
detrimental. The rest of the world, the BRICs, are growing at unprecedented rates. This has never happened before in the history of the world. This massive growth leading to almost a billion people
entering the middle class for the first time within a decade. That
will probably override the incredible stupidity in America's response to the energy crisis, the budget and trade deficit, the financial mess, etc. I do not own U.S. stocks except for those dealing with commodities b/c I don't see exceptional growth there but I
don't expect the U.S. to spiral downward forever.

Why I Don't Own Commodities

What is missing from your analysis is the fact that almost a billion people will be entering the middle class in the next ten years. They
are going to want everything you want: better food, bigger homes,
stainless steel toasters, air conditioning, cars, etc. That is such a
staggering figure that, while there may be moves down in commodities in the short term, in the long term, commodities are cheap.