I was watching Jim Roger interview on CNBC, and the famed commodity investor disclosed where he is putting his money.
Jim Rogers Long Positions
Jim Rogers is long commodities and long US dollar
Jim Rogers short positions
Jim Rogers is short long dated US treasuries, short emerging markets, short US technology and short one major US bank.
Watch the whole interview at CNBC.
written by Constantine Njeru
\\ tags: Cnbc, Commodities, Commodity, Dollar, Emerging Markets, Investing Strategy, Investor, Jim Rogers, Money, Treasuries, Us Bank
According to some analyst, a barrel of oil could top $100 in 2011. A businessweek /bloomberg article gives some compelling arguments.
Four Reasons Why the black gold will hit $100 in 2011.
- The continued falling dollar, there is a link between the dollar and oil. They move in opposite directions. as Dollar goes down, the price of oil goes up.
- The US Fed Bank continues printing dollars. The past few years have shown that the more cheap money in the system, the more money flows into commodities, in particular energy.
- The OPEC will continue protecting their cash cow. The cartel members may seek a higher price by as the depreciation of the greenback erodes the profitability of their dollar-denominated oil export.
- Growth in Emerging markets means demand for oil will remain strong going forward.
written by Constantine Njeru
\\ tags: Barrel Of Oil, Black Gold, Bloomberg, Businessweek, Cartel, Cash Cow, Cheap Money, Commodities, Depreciation, Dollar, Emerging Markets, Greenback, Members, Money Flows, Oil Barrel, Oil Export, Opec, Price Of Oil, Profitability
Gold is on the rise and when a commodity is this hot it is good to revisit its past. On this chart you can see how the price of gold has trended from 1970s – 1980s – 1990s – year 2000 and upto 2010.
written by Constantine Njeru
\\ tags: 1970s, 1980s 1990s, Commodity, Dollar, Gold Chart, Gold Price, Price Of Gold, Price Trend, Trend Chart, Upto, Year 2000