This video pretty clearly explains why the Jim Rogers Agriculture Index is probably one of the greatest investment opportunities still around today. He has been saying this for years. The job numbers are fraudulent. The government is making these numbers up. They are losing all credibility by even bothering to report these numbers. The FED and the government is saying that the economy is great, yet they raised interest rates. They are leading us off of a cliff. Nobody except Mr. Bernanke and his comrades believe this. All that he can do is print money. He is a complete nut. He is a government employee because he couldn’t get a real job. They pat each other on the back for getting government jobs, but it is not good for the world.
If you look at housing, automobiles, Caterpillar - you can clearly see that we are in a recession. If inflation numbers were reported accurately, we would clearly see that we are now in a recession. If you allow recessions to happen, they clear out the system and we can start over again. There is a lot of phony accounting going on here. Jim Rogers is short investment banks, housing, Fannie Mae, and Citigroup.
We are going to get high oil prices because no one has discovered any gigantic oil reserves in the past 50 years. There are speculators in oil because they are expecting the price to go higher. It is surprising how rapidly the oil price rose.
The Jim Rogers Agriculture Index is the place to be. There are terrific fundamental factors in agriculture. There are many wonderful things happening in agriculture, and you should be buying commodities.
Retail sales are slowing down. There is nothing going on in the economy, but the government keeps saying that everything is going great. It is crazy what is going on in the financial sector. The safest place to be is probably the Jim Rogers Agriculture Index.
