吉姆.罗杰斯综合分析9月10号

DJ Commodity Bull Market Still Has Legs -Investor Jim Rogers
11:57 H, ] 9, 2008

SINGAPORE (Dow Jones)--The commodity bull market still has legs, despite the
recent downturn in prices, renowned investor Jim Rogers told a palm oil
conference in Singapore Wednesday.

  "I am not making a prediction. But if history is any guide, this bull market
can last until 2020," Rogers said.

  "Today, Wall Street traders are driving Maseratis. Tomorrow, cotton farmers
will be driving them," said Rogers, who said a stocks-and-bonds bull run is
over.

  "Forget the why. It's a historical fact that when commodities rise, stocks
fall and vice versa," Rogers said.

  Rogers has been bullish on commodities for at least a decade; his Rogers
International Commodities Index has gained 382.7% over the last 10 years.

  He said behind the irresistible rise of commodities is cold market logic:
Demand is rising at a time of declining supplies.

  "No major crude oil discovery has happened in the last 40 years. Agricultural
stocks are at 60-year lows. And at the same time, 3 billion people in Asia are
raising their incomes and lifestyles and consuming more every day," he said.

  Rogers said that if India or China doubled per-capita gasoline consumption,
it would still be much lower than Japan's. "As India and China improve
lifestyles, oil consumption will rise too."

  He said that within the basket of commodities, agricultural products stand
out. "Agricultural hectares are dropping; there's a shortage of farmers. In the
next decade, farming is the place to be."

  Rogers exhorted listeners who want their children to make a lot of money to
get their children interested in agricultural sciences instead of pushing them
to pursue business degrees.


  -By Prasenjit Bhattacharya, Dow Jones Newswires; 65 64154 085;
[email]prasenjit.bhattacharya@dowjones.com[/email]


  (END) Dow Jones Newswires