Base Metals: Fundamentals For Copper

In some of the base metals, things are apparently tight, no question about that. Copper, will be tight again. There is a lot of inventory right now but if you look at the mining, the fundamentals, if it is not deficit, it will be in a couple of years. So, I am not a buyer nor a seller of copper right now. Copper is going to be back in deficit in the next 2 or 3 years, if not before.

Stocks: Southern Copper Corp (NYSE:SCCO), Freeport-McMoRan Inc (NYSE:FCX)

Futures: Nymex Copper Futures

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.

Russia: My Stocks Are Making All-Time Highs

Some of my Russian stocks are making all-time highs. I own shares of the Moscow Stock Exchange, it is at an all-time high. I own PhosAgro OAO (MCX:PHOR) which is a fertilizer company, it is making all-time highs. So, its not all doom and gloom. And if you buy when there is panic in the streets, you sometimes make money.

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 U.S. Dollar Needs A Consolidation

I suspect the U.S. Dollar needs to have a consolidation, so the Euro will probably go up.

Ticker Symbols: EURUSD forex cross, Euro Currency Futures

U.S. Dollar: Time For A Correction?

My largest currency holding at the moment happens to be the U.S. Dollar because I expect more turmoil in markets around the world and when there is turmoil, people flee to the safe haven, which they think its the dollar. It is not a safe haven but people think it is and that is why I own it.

The dollar has been very, very strong as you know, so its probably time for a correction, but I still own dollars and the chinese currency are my largest holdings.

Crude Oil: I Would Suspect It Is Going To Test The Lows Again

Certainly is the most important commodity far and away wether you like or not. Oil has come straight up in the last few weeks, So I don`t like to buy anything that is going straight up. I would suspect it is going to test its lows sometime in the next few weeks. That is normally what happens when you have a total collapse and you have a bounce. This is the way markets work.

Related trading instruments: Nymex Crude Oil futures, United States Oil Fund LP ETF (USO), Exxon Mobil (XOM), Energy Select Sector SPDR ETF (XLE), Marathon Oil (MRO), ConocoPhillips (COP)