Crude Oil: Supply Will Be Cut Back

At the moment as you know it is not profitable to drill nearly anywhere in the world at these prices so a lot of drilling is going to be cut back, few wells are going to be built. This is going to last a long time, this will last a long time when it turns. (United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP), Energy Select Sector SPDR ETF (XLE))

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Gold Will Probably Go Under 1,000 USD/Ounce

I have been negative on Gold. I own Gold but I have hedged my Gold. I haven`t bought Gold for about 5 years now. I expect another opportunity to buy Gold. It probably will go under 1,000 dollars an ounce and if that happens I hope I am smart enough to buy more. (SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Market Vectors Gold Miners ETF (GDX), Goldcorp (GG), Freeport-McMoRan Inc (NYSE:FCX))

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Agriculture: I Am Very Optimistic For The Next Decade

Agriculture has been a horrible business for over 30 years. The average age of farmers in Amrica is 58 years old, in Japan its 66. I could go on and on with horrible statistics about people dying, getting out of the business, committing suicide.

More people in America study Public Relations than study Agriculture. So, we are going to have a crisis in Agriculture soon unless something happens. If the prices of food do not go up we are not going to have any food at any price. I am very optimistic about agriculture in the next decade or two.

Related ETFs: PowerShares DB Agriculture Fund (DBA), iPath Bloomberg Cotton Subindex Total Return SM Index ETN (BAL)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Crude Oil: This Will Be A Great Opportunity

Somewhere along in here this is going to be a great opportunity to buy oil, to buy Russia (Market Vector Russia ETF Trust (RSX)), to buy countries that produce oil. It is going to be a wonderful opportunity before too much longer.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

Crude Oil: How Low Can It Really Go?

I don`t know. When it develops momentum like this it will certainly overshoot, things always do when they break down like this. I don`t know, 32 dollars a barrel...you pick the number.