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Rebel Capitalist News

News: How You Can Profit From Jim Rogers Prediction Coming True

Rebel Capitalist News

George Gammon

Thrive, Wealth, Gold, Finance, Macroeconomics, Education, Protect Wealth, Real Estate, Learn, Business, Investing, Government, Economics, How To

4.71K Ratings

🗓️ 2 January 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

The Rebel Capitalist helps YOU learn more about Macro, Investing, Entrepreneurship AND Personal Freedom.

Transcript

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0:00.0

Hello fellow rebel capitalists hope you're well.

0:03.2

How many times have you heard Jim Rogers say the farmers are going to be driving the

0:11.1

Lamborghinis in the future.

0:13.4

I personally have heard him say that hundreds of times.

0:20.5

I think the first time I heard Jim say that was probably back in guessing 2015, 14 maybe, something like that.

0:29.7

And sure enough, let's head right over to an article from Zero Hedge titled

0:36.3

Farmers Celebrate as Ag Boom sends incomes soaring.

0:42.9

Believe it or not, now is a great time to be a farmer.

0:46.9

I just, every time I read this stuff, I just go back,

0:51.2

my mind just replays Jim Rogers talking about the farmers driving

0:55.4

Lamborghinis. Agriculture commodities are set to lock in another year of

1:00.1

annual gains the longest stretch in decades prompting higher farm incomes.

1:05.7

The Bloomberg Agriculture Spot Subindex, which tracks everything from corn, soybeans, wheat, sugar, coffee,

1:14.4

will lock in fourth year of annual gains today. So they've had bigger gains in the future,

1:20.0

but they haven't had this many years in a row of gains since the early 1990s and this is because

1:30.1

drought and war but there's a lot of underlying fundamentals, which have led to prices going up above and beyond just what's going on with Russia as an example.

1:42.3

High prices for crops and livestock indicate boom times for the US farm belt,

1:47.0

making farmers, ranchers, and agriculture firms all winners after a decade of sliding net farm income.

1:53.6

So you guys get the punchline.

1:55.7

But what this goes back to is what Jim Rogers talked about

2:00.8

in his book, Hot Commodities back in 2003 or so when he wrote that book.

2:06.7

And it's just it's a cycle that just happens over and over and over again. And what's weird and I'm just as

...

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