March 11, 2014

Commodities: The Bull Market is Not Over Yet

"I do not see enough significant permanent new supply in almost anything, which can cause the end of the bull market in commodities.

Rio Tinto PLC (NYSE:RIO) and BHP Billiton Limited (NYSE:BHP) and others have cut back substantially on their capital spending programs because they think they should not be bringing a lot of new [mining] supply on stream yet.

So until we have significant permanent new supply, I don’t see the bull market coming to an end. The bull market will end, I assure you, it will end someday. But not yet." - in IB Times

You can keep reading Jim`s market updates and financial commentary on the new website: Rogers on The Markets (click on the link or on the image below to access the new website)

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several books and also a financial commentator worldwide. Visit the new website Rogers On The Markets for exclusive content. 
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