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!

1 comment:

Anonymous said...

I think I still have the email where/when you said to go short on China...