Jim Rogers on Bernanke - He is an Idiot

Be sure to watch to the end of this one to get the lowdown on Jim Rogers on Bernanke. Price controls have never worked. Politicians have tried to use them for hundreds of years, and it has never worked. It just leads to shortages and higher prices in the end. China certainly has inflation. The price is the same all over the world, and if the price of cotton has gone up, then that is inflation. China at least acknowledges that they have inflation.

Agricultural commodities are a great place to be. If you don’t want to buy individual commodities, then you can buy an index. Cotton, coffee, and sugar are all well below their all time highs.

Soybeans are making all time highs, and the fundamentals are great, but too many people know that. Gold may decline for a bit, because it has been so strong for so long and too many people are bullish..

Finally, Jim Rogers on Bernanke option is revealed: Bernanke is an Idiot. He is doing massive damage to the United States economy.

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