Lux Investing

Does anyone know where Jim Rogers is recommending investing for the rest of the year?

Jim Rogers has suggested investing in commodities. He looks to have been right at this time. What I want to know is what is he recommending people invest for the rest of the year? We all know the dollar is dropping fast so what should we do to protect ourselves, ivest overseas (Asia)?

Public Comments

1. He had a recent article in Barron's. I think he still thinks soft commodities, like cotton, will do well.
2. He's a relatively long-term investor. I think his attitude is buy and hold soft commodities for the duration of the bull market. If your time frame is only 1 year, you could be out of pocket. I read an interview where he said commodities could easily go down in the credit crunch. Last month I heard him say he was buying wheat (probably through an ETF), and that's dropped more than 30%, but you can be sure when he goes to sell it, years from now, he'll have made a handsome profit. In recent interviews he's mentioned Taiwan, because of the new government there, and China, since the big correction.