November 30, 2010

Supply & Demand Mechanisms In Commodities

"In the commodity world, the cure for high prices are high prices. You let prices go high and stay high, that is the cure, demand goes down, supply comes up."

Related: United States Oil Fund LP (ETF) (NYSE:USO), iPath S&P GSCI Crude Oil Total Return (NYSE:OIL), PowerShares DB Agriculture Fund (NYSE:DBA) , Powershares DB Base Metals Fund (ETF) (NYSE:DBB), SPDR Gold Trust (ETF) (NYSE:GLD) , iShares Silver Trust (ETF) (NYSE:SLV)

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.