Monday, July 2, 2007

Jim Rogers Says He's Sold `Over-Exploited' Emerging Markets, Except China

(Bloomberg) -- Jim Rogers, who predicted the start
of the global commodities rally in 1999, said he's sold out of
all emerging markets with the exception of China because they're
``over-exploited.''

``I'm hoping when the next big correction comes I'm smart
enough to buy some of them back,'' Rogers, chairman of New York-
based Beeland Interests Inc., said in an interview in Singapore
today. ``They're all over-exploited, so I've sold out.''


Read more at Bloomberg Exclusive News

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