Jim Rogers: These are some of the most important lessons I've learned over the years
by Nick Giambruno
Source: International Man
http://thecrux.com/jim-rogers-these-are ... the-years/
He is of the view that agricultural commodities may have bottomed and may start to see a turnaround. “It’s been a disaster due to falling prices but will not get more depressed,” Jim says. He believes that commodity prices will remain resilient, that sugar and rice prices will not see declines comparable to certain stocks listed on the New York Stock Exchange.
Being the contrarian that he is, Jim has also invested in Japan and Russia, two countries that investors are not too keen on.
"It doesn't have to happen in four to seven years but look at the debt, the debt is staggering."
Sluggish or slowing economies in China, Japan, and the eurozone mean that there are many possible channels of contagion.
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