| Oil prices are trading near a six-year low, copper futures have shaved off 20% year-to-date and wider panic has grabbed the commodities market in fears over a sharp slowdown in China. There are plenty of reasons to be downbeat on the resources industry at the moment, but don’t count out a comeback for the depressed sector, says commodities veteran investor Jim Rogers.
“As far as commodities are concerned, it’s all about supply and demand, and you’re having huge cutbacks in supply. We’re already having supply problems in some agricultural products and we’re going to have problems with oil products,” he said..............................................Full Article: Source
|