Jim Rogers: Food shortages coming (CNBC Video)
By Daniel at 18 January, 2010, 12:38 am
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“Co-founder of the Quantum Fund and Chairman of Rogers Holdings, Jim Rogers, spoke with CNBC to discuss the financial state of commodities. What’s his view? Well, agricultural commodities will go through the roof and food shortages are coming.”
“If the economy ever rebounds then commodity prices will go up because of increased demand. If the economy continues to slump then central banks around the world will continue to print money at vast levels, while commodities will be used as a hedge against inflation. ”
………..If there is a food crisis make sure you have good fiends to help you out.
- saxplayer00o1
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