Samstag, 8. August 2009

Jim Rogers versus Nouriel Roubini: Where do commodities go?

In a recent Interview Investment Guru Jim Rogers said that he is not investing or buying any stocks in China now , cause the market has more than doubled in the last 9 months . "I don't like to jump onto a moving train", Rogers told Bloomberg. Meanwhile economist and university professor Nouriel Roubini announced recently on CNBC that there is a risk of the downside for commodity prices because China may have come to saturation with all the stock piling of commodities in the last months , Commodities will surprise in the dowside as China won't be able to absorb all the stock she already had , but Jim Rogers says the best way to play China now is to buy commodities because the Chinese have no choice but to buy them , Jim Rogers also recommends the water treatment in China "If you're in the water treatment business in China, you're going to make a fortune. China has a horrendous water problem, he said.

http://jimrogers1.blogspot.com/2009/08/jim-rogers-disagrees-with-nouriel.html

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