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Jim Rogers: Crude Bull Market Has 'Years to Go'

Posted on June 06, 2008

Jim Rogers on Banks & Commodities:Click for video Excerpt: Jim Rogers, chairman of Rogers Holdings, said the increase in the price of crude oil has years to go'' as known sources of petroleum are dwindling. I know that unless someone discovers a lot of oil, it can go to $150, $200'' a barrel, Rogers said in a Bloomberg Television interview. The facts are the world is running out of known oil reserves.''Rogers said he bought airline stocks around the world today, saying bankruptcies show the sector may be nearing a bottom. Bankruptcies are signs of bottoms, not signs of tops,'' he said. H...

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crude , exchange traded funds , oil , petroleum , traded funds