This article says Jim Rogers is investing in agricultural commodities. “‘The agriculture sector has been a disaster for 35 years. Things are so bad. The average age of an American farmer is 58, the average age in Japan is 68. And do you know that the highest suicide rate in the UK is in the agricultural sector?’ As a result, he argues, there will be a shortage of agricultural products in the coming years.” Here’s the problem with that: When you’re positing such a long-term lead-up to the bull condition, that tells me the bull can still be many years away. Timing is everything and no one can time.
But I respect Jim Rogers. He likes precious metals but cautioned readers once silver went over $30 an ounce (prompting me to get out of that market, thank goodness). Of course, Rogers owns his own commodities fund, so you have to take anything he says about commodities with a grain of salt. It’s also worth noting that, as far as I know, he completely missed the China meltdown a few years ago.
This is fascinating stuff: “Eric Kurlander wants us to understand Nazi ideology as an outgrowth of occultism, characterized by endemic beliefs in parascience, magic, astrology, crackpot theories of racial origin, and other weird notions. There exists an extensive literature on Hitler and the occult, but Kurlander’s new book is the most ambitious offering to date. It is likely to be … Read the rest