I have no idea. Cotton has gone up very far, very fast; but, given it was down for thirty years you might not think it’s gone up so much on any kind of compounded rate.
There are always corrections — nothing goes straight up. So, there’s nothing unusual about corrections. You can go back to any bull market and you’ll see there’s a range between the high and low for any stock during the bull market. There’s about a 40% range between the top and the bottom. That’s the same for commodities.
I have no idea when or what will cause the corrections, but I sure know they’re coming. They always have and they always will.
in wallstcheatsheet.com
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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.
