We will face Food Shortages

Jim Rogers : I also bought a lot of agricultural commodities. Their prices are still low. For example, the price of sugar fell 17% from 1974 to the present.Agricultural development is lagging. We lack the farmers and arable land because of agricultural depression. If this trend continues, we will face food shortages. Therefore, agricultural commodity prices must rise to attract capital and qualified people. Now the trend of investing in agriculture has already started, so not only I can foresee more and more farmers will become rich, but also I know that agricultural commodity prices will rise in the long-term.If the world economy improves in 2012, commodity prices will rise and I will make money. If there is an economic downturn, currencies will depreciate a lot, and commodity prices will also rise because people will hedge against the depreciation..- in Shanghai’s First Financial Daily 



 
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.