Tuesday, May 29, 2018

China, North Korea, Agriculture are some investments that could pay off long term

When asked where one should invest in long term besides China... Jim Rogers answered saying......

"Maybe gold. It’s preserved its value over long periods of time. That, and a farm in North Korea. I’m a big believer in agriculture and farmland. And at some point North Korea will join the rest of the world. 
Agriculture is probably going to do well, even if the world comes to an end, because agriculture has already been going down the tubes for 35 years now. Agriculture has been terrible. I would suspect that’s a place to rescue yourself. 
Probably the best thing to do is to become a farmer. I’m not going to become a farmer. But if people want a new life outdoors, especially in China, the Beijing government is doing everything it can to help farmers and to help the countryside. So agriculture, especially in China. And Russian agriculture because of what’s happening with sanctions. But agriculture worldwide."

Jim Rogers

Warren Buffett

Nouriel Roubini