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All commodities Are In A Bull Market And If I Am Going To Buy More, I Want To Buy The Ones That Are Down The Most

If oil goes down 50 percent and rice goes down 3 percent, I would probably look forward to buy crude oil, but if rice goes down 50 percent and oil goes down 3 percent, I would probably prefer to buy rice.

It depends on what is going to happen. All commodities are in a bull market and if I am going to buy more, I want to buy the ones that are down the most. - in Economic Times

Related ETFs: United States Oil Fund (USO), ELEMENTS Rogers Intl Commodity Index - Agriculture Total Return ETN (RJA), iPath S&P GSCI Crude Oil Total Return (OIL)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.