Jim Rogers: “This Is The First Time In Recorded History Where All Governments & Central Banks Are Printing Money”

by Tekoa Da Silva, Bull Market Thinking:

I was able to reconnect for an interview with legendary Quantum Fund manager and commodities bull, Jim Rogers. Jim shared thoughts on the fundamentals of agriculture and mining after ten years of being in a bull market, and further spoke to the “artificial boom” going on in the equities market.

Additionally, he commented on the biggest challenge facing gold mining companies today, one which didn’t exist during the last bull market nearly forty years ago.

When asked about the fundamental supply picture for commodities today, Jim commented that, “Agriculture for instance is much worse, inventories are now near historic lows, [and] they weren’t ten years ago. The average age of farmers in America is now 58, and ten years ago it was 48. The world is [also] running out of farmers, because farmers all over the world are aging or retiring, and in America for instance, more people study public relations than study agriculture. So the world is facing serious shortages of agriculture.”

Read more@bullmarketthinking.com



Categories: Business

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