0 Commodities: The Bull Market Is Still Intact

Well, I don't see the end in sight—yet. Conceivably, the world economy is going to collapse sometime in the next decade. And if that happens, needless to say, then central banks are going to print even more money. It's the wrong thing to do, but commodities will benefit and be a better place to invest than stocks, or certainly better than bonds if that happens.

On a historic basis, we're maybe two-thirds of the way through the commodity bull market. Normally, eight, nine, 10 years into any bull market in anything, you start to see more supply come in. But what happened in 2008 and 2009 means there is a lot of potential capacity or supply that's been deferred or delayed. So we don't have as much supply coming as we normally would in this stage of the bull market.

So this bull market might last longer than most. But again, there's no reason for me to determine that yet. The bull market is still intact. I hope I'll be smart enough to recognize that a lot of capacity and a lot of supply is coming in, because that will be the end of the bull market. But that's still years away. - in Gold News

Related: SPDR Gold Trust ETF (GLD), United States Oil Fund LP (ETF) (NYSE:USO), PowerShares DB Agriculture Fund (NYSE:DBA), ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (NYSE:RJA)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.