Jim Rogers: Dollar Will be Devalued. Buy Commodities.

Jim Rogers continues his streak of interviews with the financial media, telling Bloomberg that US policy makers will devalue the US dollar.

He says he buying commodities, especially agriculture, and the Japanese Yen.

Food Supply Problem More Acute Than Ever

Chris Mayer writes in Agora Financial's Rude Awakening that the global food supply problem is more acute than ever before, as a result of the current financial crisis.

This is something we've been discussing here of late. Farmers cannot get basic loans for fertilizer. Forget about new capital investments. And this all happening with world inventories of the grains hovering near historic lows.

BOTTOM LINE: Pick up some agricultural commodities at these depressed prices. Ag-flation is coming - you may as well profit off it!

4 Reasons Treasuries May Not Fall...Yet

Tom Dyson, who also believes in the short case for long-dated US treasuries, writes in today's DailyWealth that it may be some time before treasuries actually start to fall.

But he closes the article by mentioning that the danger is much greater on the long side of this trade - and mentions a great recent quote on the topic by legendary investor Rick Rule:

"Money will be attracted to the liquidity and transparency of the U.S. long Treasury market. I think this will be the final bubble of my generation. Crowding into a 20-year bond in a depreciating currency when inflation sets in, and long rates inevitably rise, will be a religious experience for the victims, in my opinion."

US Government Continues to Print Money at Breathtaking Pace

I'd say the trend of the US government printing money as fast as it can is still firmly in place.

Can you spot the trend?

And for kicks, you can compare it with last month's hockey stick.

Is Gold Finally Breaking Out?

If you're trading or investing in gold, I'd recommend checking out this free video piece from INO.com: Is gold the last store of value?

The video was shot Friday afternoon, and some of the predictions have already come to fruition - namely that gold would quickly retrace 50-62% of it's previous move (which Dennis Gartman refers to as "the box") and trade in the range it's currently in.

Towards the end, you get a better perspective on the recent pullback in the context of the overall gold bull market - important to note that gold is still in a bull market. And in a bull market, you should be a buyer, not a seller.

Like many of you, I have been quite frustrated in gold not "acting like it should." I am not a gold bug by any stretch of the imagination, but I think it's an appropriate investment at this point in time, as Obama continues to fill key economic positions with money printers.

Related post from Saturday: Three Big Pieces of News for Gold Investors