Jim Rogers: Another financial collapse could lead to a commodity boom
When there's a collapse, governments print money, leading to inflation and, in turn, investment in real assets. What's more, there's been underinvestment in agriculture and mining in Asia for decades.
Another financial collapse could lead to another commodity boom, says Jim Rogers. If the UK or US were to default, as some fear, real asset prices would be one of the main beneficiaries, according to the veteran commodity investor.
Rogers is based in Singapore, because he sees Asia as a future base of economic prosperity. Commodities are growing in importance as many raw materials become scarcer and, taking the long view, there has been underinvestment in agriculture, mining and relat…
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