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Commodity investing has gotten a bad rap. Everyone seems to have heard of someone who "lost his shirt" trading commodity futures. What are commodities? Commodities are "things," the essential raw materials that go into making everything from bread to automobiles. This includes foodstuffs such as sugar, wheat, soybeans, and coffee; the fossil fuels crude oil and natural gas; and industrial materials such as lumber, copper, lead, gold, and silver. As a group, they typically do well when stocks are doing poorly, and vice versa. But unlike stocks, the price of commodities can never go to zero. Rogers, known for his world travels, his ability to size up any market, and his contrary approach to investing, says we are in the beginning of a multiyear bull market in commodities. Although he is promoting his new commodities fund, he makes a very good case that commodities belong in any balanced portfolio, particularly now. Rogers walks us through the sometimes obscure language of commodity trading, and shows us how to get involved without "losing our shirts." David Siegfried
Copyright © American Library Association. All rights reserved --This text refers to the Hardcover edition.
"Hot Commodities, published this year, is a testament to his bullish outlook on the [commodities] sector" (Financial Times, 21 December 2005)
"...a great book for anyone looking for an easy-to-understand treatise on commodities..." (TheMotleyFool.co.uk, February 2005)
"...[Jim Rogers's] commodities book is first class and one that I would strongly recommend, ..." (The Independent, 5th February 2005)
"Hot Commodities is an easy-to-read introduction to the world of commodity investing." (Professional Investor, September 2006)--This text refers to an out of print or unavailable edition of this title. See all Product Description