August 13, 2010

Many Countries Are Going Around The World Buying Sources Of Commodities

Many countries are going around the world buying sources of commodities. The Indians and the Germans are doing it too. The Chinese, the Japanese, the Middle Easters and Singaporeans are starting to do it. A lot of people are starting to do it because unless something really dramatic changes, mines are being depleted all over the world. There has been one lead mine open in the world in 25 years. Most mines are being depleted, not many mines have been opened.

in Economic Times

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

Related stocks: Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), Alcoa Inc. (NYSE:AA), United States Steel Corporation (NYSE:X) , Aluminum Corp. of China Limited (ADR) (NYSE:ACH), Newmont Mining Corporation (NYSE:NEM) , Goldcorp Inc. (USA) (NYSE:GG)