When commodities were booming, no one mentioned that Jim Rogers had been bullish on commodities since the Pleistocene era, sitting through years of sideways markets. Now that they are in free-fall, surprise!, he still likes them.
If you have one unalterable world view, inevitably the cycle will turn your way, eventually. It was a nice run while it lasted, Jim. Now that the commodities bubble has burst, good luck getting the dentist in Omaha or accountant in Cleveland to jump back on the commodities bandwagon. If you believe they’ll be back, I have some Pets.Com shares I’d like to sell you.
