Why Commodities get no respect? Too many so-called smart investors consider themselves diversified if they have money in stocks, bonds, real-estate, and/maybe, for the sophisticated, some currencies. But commodities rarely, if ever, hit the radar screen. Successful investors look for opportunities to buy value cheap and hold it long-term, regardless of the market. Then they sell, when prices rise up, profiting from the margin between their buy & sell prices. Then, why do they refrain from investing in commodities? The answer: they think it’s risky, volatile, complex, and downright dangerous to put money on commodities.
"His latest book is Hot Commodities: How Anyone Can Invest Profitably in the World’s Best Market. In it, he explains what commodities are (essentially, natural resources, like oil, or metals – gold, silver, copper, zinc, and so on, or agricultural products, like sugar, etc). He lays out his case that a huge bull market is underway in these commodities, and that has a long way to run yet. Rogers turned bullish on commodities in 1998, while everyone else was watching the US stock market. No one would listen to him in 1998. But time has proven him right, with many commodities taking off in recent years. And Rogers says there’s more to come in the years ahead." CBN
"The power of this book lies in the fact that while the fundamentals for copper have changed since the book was written, by applying the same analytical techniques that Rogers uses, readers will come to their own conclusion that copper has a bright future. For this reason precisely, this book is recommended to anyone who wants to learn the basics of the commodities sector and gain some insight into the very components that make up physical consumption in our daily lives." The Queen's Business Review
"Hot Commoditiesis a must read if you want to participate in commodities. Jim Rogers gives the readers of this book a good understanding of how changes in supply and demand impact commodity prices and how to profit from them. This is not a book forday trading commodity futures– it is a guide for long-term investing in commodities during a long-term bull market. Eventually, annual supplies will outpace demand and the rally will end. At that point, it will probably be the time to start buying stocks again." About.com
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