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Australia and Canada for the long haul


American investor Jim Rogers in Madrid (Spain)...

American investor Jim Rogers in Madrid (Spain) during an interview. Español: El inversor norteamericano Jim Rogers en Madrid (España) durante una entrevista. (Photo credit: Wikipedia)

Jim Rogers : The faster numbers will be in economies that are well managed and that have commodities because commodities are in a bull market. Indonesia is doing much better this decade than it did in the 1990s because there was a commodity bear market in those days. Australia is going to do better than Belgium. Canada is going to do better than the United States. So you look for well managed countries which have a lot of commodities and you will probably make a huge amount of money. I am not putting money on Congo which has a lot of commodities because this is not well managed. I would look at well-managed commodities countries.- in Economic Times

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