Salient to Investors:
Jim Rogers writes:
- Stocks collapsed in 1987, 1989, 1990, 1994, 1997, and 1998 and everybody was convinced the bull market was over. The bull market was not over and eventually ended in a bubble. The same is happening with commodities.
- In agriculture, there is insufficient new supply to cause the bull market to end, especially when so many are quick to toll the bull market is over. Agriculture has produced record levels for the past few years and yet inventories are the lowest in 40 years because consumption is growing faster than production.Most commodities do not have massive new supply.
Read the full article at http://www.jimrogers.info/2013/07/serious-fundamental-problems-in.html
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