Here’s a video of Jim Rogers on CNBC’s Larry Kudlow & Co. from December 13, 2008.
They start talking commodities around the 2:20 mark.
- The Fed has gone too far in their money printings
- Commodities are not down because of fundamentals – they are down because of the forced liquidation of every single asset, except the Japanese Yen
- He bought more oil a couple weeks back, and all commodities the week of the interview
- We’re going to have an inflationary nightmare in the next five years