Jim Rogers Sees Big Bounce for Commodities (GLD, DBA, USO)
Posted on December 05, 2008 at 13:25 PM EST
Famed investor Jim Rogers told Bloomberg news that commodities will rebound when a lack of new supply leads to shortages. He feels that commodities will be the first area that will jump when the economy stabilizes. Rogers sees sustainable shortages in crude oil (USO) and agricultural (DBA) commodities. He is still buying Gold (GLD) as he [...]
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