Commodity Producers: The Cure For Low Prices Is Low Prices

The market is doing what it is supposed to do. You know, making supply go down. The cure for low prices is low prices.When you have low prices, production declines, exploration declines and it is happening.

This is going to be good for the producers, not at the moment, certainly in the next couple of years the producers are going to turn around and go up a lot.

Related: Energy Select Sector SPDR ETF (XLE), Market Vectors Gold Miners ETF (GDX), Exxon Mobil (XOM), Chevron (CVX), Newmont Mining (NEM), Barrick Gold (ABX)

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.

The Main Problem Is That America Has Got Staggering Amounts Of Debt

The main problem is that America has got staggering amounts of debt. We all would like to spend a lot more money. But every time we look over our shoulder there is huge debt at a national level, at an individual level. That is where the problem is. China has got debt problems too and you notice people getting bankrupt. They cannot do in 2015 what they did in 2009. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY))

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.

One Reason The U.S. Economy Cannot Grow

We have a gigantic government deficit. The debt is going through the roof. One reason we cannot grow is because we have this gigantic debt. You cannot grow when you are dragging trillions of dollars of debt on your shoulders.

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.

The Reason The Market Is Going Up

The reason the market is going up is because it really does not count until interest rates go up two, three, four times. Once that happens than you should start worrying. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 ETF Trust (SPY))

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.

Markets: Who Cares If Its Up 0.25%?

One quarter of one percent is so below historical normal levels. This is insignificant to the market. Who cares if its up 0.25%? The economy does not care, the market does not care. Average interest rates are normally 3 percent in America. Why are we so involved with 0.25%?

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.

Low Artificial Interest Rates Are Going To Be Very Costly

They should not have lowered interest rates to zero for 7 or 8 years. We are all going to pay a horrible price for this. Debt has gone through the roof in the last 7 or 8 years. The Fed`s balance sheet alone has gone up 600 percent in seven years.

You and I, everybody is going to pay a horrible price for this historical low artificial interest rate.

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.

A Crisis Would Be Bullish For Gold

Low prices for many people will be crisis. If the price of gold goes to 900 dollars / ounce a lot of people will see it as a crisis because a lot of people believe that gold is holy and it can never go down. That would be a crisis in price.

Certainly if war breaks out in the world that will make gold go up, it will make crude oil go up. Everything will go up, oil, agriculture, gold. Yes, a crisis would be bullish for gold as low prices would be good for gold. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), United States Oil Fund LP ETF (USO), 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.