Sugar Is Still 60 Percent Below It`s All Time High

What else do you know that is 60 percent below its all-time high?

If I Were Buying Anything I’d Be Buying Agricultural Commodities

If I were buying anything I’d be buying agricultural commodities. Going forward we’re going to have huge shortages of everything – including farmers – I think ag will be a great place for the next 10-20 years.

I’m Not Too Optimistic About What’s Going To Be Happening In The World In The Next 2 Or 3 Years

I’m not too optimistic about what’s going to be happening in the world in the next two or three years, and maybe even longer. We have serious problems in the United States. You know, in 2002 we had an economic slowdown, 2008 was even worse because the debt was so much higher. The next time around the debt is going to be staggeringly higher. So, the problems are going to continue to get worse until somebody solves the basic underlying problem of too much spending and too much debt.

If You Own Cash, Make Sure It Is The Right Cash

First, you better make sure that cash is in the right cash. A few years ago many people put their money in Icelandic krona, thought they were very safe. They had currency and they were earning high rates of interest and of course the krona collapsed and some of those people lost all of their money. So make sure you are in the right cash, first of all.

I Am Mainly Short Shares Around The World

I mainly short shares around the world. I have shorted American technology companies, I have shorted European stocks and shorted emerging market stocks. Jim Rogers

We Have Shortages Of Everything From Oil To Food

We have shortages of everything from oil to food and on top of that we have governments printing more money. Put the two together and you have some serious inflation coming down the road. Governments will eventually put in place price controls but if you tell someone they can only make so much money he is going to stop producing. The Chinese are seeing this and that's why they are out looking to buy assets. They are down here in Australia trying to buy up more.

A Few Thoughts On The Greek Situation

In America, we’ve had states go bankrupt, cities, counties. This has happened before. It didn’t end America, didn’t end the US Dollar. You let entities collapse, go bankrupt. This happens all the time. This happened throughout history. That’s all you have to do, let them go bankrupt, let the people who made the bad loans take their losses and start over from a sounder base. But just pushing into the future and letting debt go higher and higher will mean it’s going to end very, very badly and then you know, five years from now, you may have a complete collapse of the Euro, the European Union and for that matter, all the Western world.