Jim Rogers Sees Higher Returns in Agriculture Than Gold: Video

Jim Rogers Sees Higher Returns in Agriculture Than Gold: Video

Oct. 24 (Bloomberg) -- Jim Rogers, chairman of Rogers Holdings, talks with Bloomberg's Nina de Roy in London about the outlook for global markets and his investment strategy for agriculture, gold, currencies and U.S. treasuries. U.S. stocks slid, dragging the Standard & Poor's 500 Index down 45 percent from its peak, as slumping profits at carmakers and technology companies indicated the credit crisis has infected the broader economy.

00:00 Favors commodities, Swiss francs, yen, China
01:07 Closing markets would be "insanity," risk
02:12 Sees "bull run" resuming in commodities
02:55 Bought gold yesterday, Fed policy, Bernanke
05:56 Sees more bank failures, government measures
07:33 Sees more money in agriculture than gold
08:51 U.S. taking stakes in regional banks "absurd"
10:58 Federal Reserve's liquidity assistance scheme
11:43 Roubini's comments, unsure of market bottom
Running time 12:44
Last Updated: October 24, 2008 12:45 EDT

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tjhinkh
27/10/2008:
Jim bought more gold (Gold coins in Zurich) and agricultural commodities.
He is also thinking of buying indutrial metals and crude oil.