Jim Rogers: "Don't Give Up on Commodities"

Legendary investor Jim Rogers just spoke with BBC's Radio 4 on Aug. 24, now known as "Black Monday" - the day commodities crashed to their lowest level in the 21st century. Brent crude oil prices, the international benchmark, have plummeted 18.8% in August so far, dipping below $44 a barrel. Futures have fallen 38.6% from the 2015 high of $69.94 seen just over three months ago. WTI crude oil prices have fallen even more - the U.S. benchmark has tumbled 20% this month, 34.6% this year, to hit below $39 a barrel. There are ample reasons to be pessimistic about commodities right now. But according to the famously contrarian Rogers, investors shouldn't rule out a comeback for the depressed sector... Tags: commodity futures , commodity index , commodity price , commodity price crash , commodity prices , commodity prices crash , interview Jim Rogers , interview of Jim Rogers , Jim Rogers , Jim Rogers Interview , Jim Rogers oil prices , oil price crash , Oil Prices , stock market correction. , stock market crash , Stock market selloff To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Jim Rogers: "Don't Give Up on Commodities" appeared first on Money Morning - We Make Investing Profitable .