Commodity expert Jim Rogers said in an interview today that he sees commodities continuing on their long-term upswing, in spite of the recent fall in prices, eyeing it as a temporary downturn.
"I don't see that it's the end of the bull market,'' the chairman of Rogers Holdings, said in an interview in Bangkok. ``Until either a lot of supply comes on stream or the economy collapses, the bull market will continue."
Rogers added that he's looking at base metals again as a possible commodity strategy, saying, "I haven't bought any for awhile."
According to Rogers, the only thing he sees interfering with the long-term bull market in commodities is if the supply increases in a big way, or the economy collapses. If neither happens, he's positive the bull market will continue on.
Rogers is especially bullish on agricultural commodities, and separately in the Chinese economy; specifically in power generation sectors, infrastructure, education and tourism.
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