by Commodity Online
Should you invest in commodities if there is war between South and North Korea? Will your commodities investment pay rich dividends if there is no war between the Korean countries? Global commodities guru and ace investment expert Jim Rogers says commodities are the best place you should put your money, even if there is a war or not in Korea.
In an interview with ET Now, an Indian business television channel, Rogers, who is presently the chairman of Rogers Holdings, said: “In my view, the thing to invest in is commodities because if there is going to be war, it is always good for commodities and if there is no war, then commodities will rally like everything else.”
According to Rogers, who is the author of famous books like Hot Commodities and A Bull in China, global markets are in a mood for corrections these days.
“First of all, global markets should be correcting about this time because they have been pretty strong recently and there is always some reason to correct. This time, it looks like it might be Korea. Whenever you have threat of war, usually everything goes down at first, then you have to figure out what to invest in after the initial collapse,” Jim Rogers said.
He holds commodities as the best bet to invest in even if North Korea and South Korea go for war or not.
He said that it is not at all the right thing that America is continuing to print more and more money.
“America is going to continue to print money. Unfortunately that is all America knows to do, it is not the right thing to do, it is not good for the world, but that is all America knows to do.”
“If there is war, they are going to print money. If there is not war, they are going to print money and so whenever there has been money printing, the result has been that you should have your money in real assets. It has been a pretty clear thing throughout history. The real assets are the only way to protect yourself. Real assets are basically the only way to protect yourself in time of war,” Rogers told ET Now. [..]
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