Monday, October 29, 2007

Oh Yeah, And Buy Wheat Futures Too


“The number of hectares devoted to wheat farming has been declining for 30 years,” Jim Rogers also said in his Bloomberg interview. “The inventory levels of food are at the lowest level since 1972.
“Suppose we start having droughts again. God knows how high the price of agriculture is going to go, so that's where I'm putting more of my money now than in other things… I think I'm going to make more money in agriculture than I make in precious metals.''

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