Sugar is going to go much higher over the next few years. I have no idea whether this is a short term trade or not. I am terrible at it, terrible at short term trading. I am ecstatic to hear that your government is loosening up. Indian government is one of the most restrictive and controlling governments in the world. They should let sugar farmers finally make some money. So I hope that they continue to expand. I hope that the sugar farmers continue to make money and yes the price of sugar is going to be much higher over the next 5 to 10 years.
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.
