May 4, 2011

Rice Is Still Depressed But I Do Not See Anything At The Moment That Is Even Worth My Appetite

I do see that rice is still depressed over past few years, but that is not enough to make the jump and then do anything. I see that silver is down 7% or 8% today, but silver was down before Osama Bin Laden got killed. Silver is actually correcting since last week. So I do not see anything at the moment that is even worth my appetite.

Related: IShares Silver RTF (SLV), ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (RJA), PowerShares DB Agriculture Fund (DBA), United States Natural Gas Fund (UNG), United States Oil fund (USO), Powershares DB Agriculture ETF (DBA)

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.