Friday, November 14, 2008
Jim Rogers Update
That was from October 22nd.
Obviously, his commodities and Chinese investments have been hammered - much, if not more, than everything else these days.
With oil at $58 today (down from $148 this July) I think investors can very safely buy the diversified basket of commodities and sleep well at night.
Though, I'm not too sure about China.
Eleven months ago, I predicted a *50%-70% pullback in China*.
As you can see, the iShares China ETF has more than halved since my post last December.
Too bad I didn't get short!