As global commodities prices plummet, it’s incredibly convenient to pronounce the commodities super-cycle dead, isn’t it?
Yet banks from Goldman Sachs to Citigroup to Deutsche Bank are on record as saying it’s over.
The Rogers Commodities Index, which represents the value of a basket of 36 commodity futures contracts, is down 20% since mid-June.
But does incredible opportunity lie among the carnage?
Well, I asked the Founder of the Index, celebrated hedge fund manager and bestselling author, Jim Rogers.
Jim was born just a stone’s throw away from Wall Street Daily’sheadquarters in Baltimore, Maryland, and I get smarter every time I speak to him.
- Source, Wall St Daily