For Jim Rogers commodity prices have been good for a while, but now may be a good time to buy the Japanese stock index. There are some valuable valuations due to the latest drop in the markets. If you get hit by the worst earthquake in the past 100 years, it is going to hurt the economy. But they will bounce back, and there will be quite a lot of demand from Japan in the future.
Usually when there is a big external even like what has happened to Japan, you should step in and buy. If you are lazy and slothful, you can simply buy the index. If the stocks continue to go down, hopefully you will be smart enough to buy more. Shorting government bonds may be a great play after they have gone up a little more.
The Japanese are going to need to bring money home. If they sell their treasuries, then United States yields will go down. The Japan disaster will increase the demand for Jim Rogers commodity like natural gas and oil. People will be suspicious of nuclear power for the next 1, 2, or 5 years. But eventually it will come back. The price of oil will increase significantly in the next decade.
Uranium is an interesting trade to watch. The price collapsed after the nuclear meltdown in Japan. You might want to take a look at what has been happening in a few years, as this could become another profitable Jim Rogers commodity play.
