They start talking commodities around the 2:20 mark.
Rogers' insights:
- The Fed has gone too far in their money printings
- Commodities are not down because of fundamentals - they are down because of the forced liquidation of every single asset, except the Japanese Yen
- He bought more oil a couple weeks back, and all commodities the week of the interview
- We're going to have an inflationary nightmare in the next five years
1 comment:
Both Crude Oil and Brent Oil November series are have spurted almost a percent each at $ 45.80 and $ 47.27 a barrel, respectively.
Natural Gas October future is quoted at $ 3.085 - up 0.5 percent.
CapitalStars
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