God also hath highly exalted him, and given him a name which is above every name: That at the name of Jesus every knee should bow ... And that every tongue should confess that Jesus Christ is Lord, to the glory of God the Father.

Philippians 2:9-11

Friday, March 16, 2012

Jim Rogers on Future of Agriculture and Farming

Billionaire investor and commodity expert Jim Rogers says the smart person will go into agriculture in the years ahead, as there is no turning back population growth, and the number of farmers around the world is declining.

Of course when Rogers speaks of going into agriculture, he's not just talking about learning how to drive a tractor (although he includes that), what he's talking about is investing in agriculture in a variety of ways.

If you have the money, a great investment would be to acquire a farming operation and retain the farmer or farmers running it. You of course have to be sure of the qualifications, records and integrity of the farmer, but assuming due diligence, it will be a great investment over time.

Other areas to look to invest include those supplying fertilizers and machinery to farmers; companies like Potash, Mosaic, and Deere, among many others.

Rogers asserts one of the best ways to make money over the next couple of decades will be through investing in agriculture in some way.

In the recent past he has said he is invested in all the agricultural future to one degree or another.

As for gold, Rogers sees prices being under pressure in the short term, but over the long haul sees it running up past $2,000 an ounce.

Rogers has said he isn't selling any gold, and if it falls below $1,600 and ounce or further, he'll be a significant buyer of gold again.




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