Prepper Recon

Jim Rogers

Jim Rogers is a multimillionaire investor who stated the Quantum Fund with George Soros. He has split from Soros and now manages his own investments.

In this interview, Jim Rogers speaks about the growing lack of trust in the banking system. He describes how that lack of trust will continue to eat away at the financial sector. He predicts prosperity for the agricultural industry. As emerging markets begin to demand higher standards of living, they will also begin to eat more meat which in turn drives demand for feed corn. Jim Rogers recommends investing in sectors that are involved in  agricultural production such as farm machinery and fertilizer. He expects agricultural areas to become the new money centers of America.

Jim Rogers recommendations can be a sign of hope for preppers. As preppers look at less populated areas, they can consider crops and live stock as means of income as well as self sufficiency. The other side of the coin is unforeseen disasters that can destroy an entire years work. This is the case with the drought in the heart of the agricultural production states that we are presently dealing with. Corn has nearly doubled since the onslaught of the drought. This has caused feed prices to double as well. Farmers who raise live stock have been forced to sell everything but their seed stock as they can no longer afford to feed the animals and make a profit. Short term meat prices will likely fall due to the glut of inventory but future prices will sky rocket. Even a bumper crop next year would not be able to bring meat prices down as it will take at least two years to have herds replenished to normal levels that can meet demand. Stock up while meat is cheap. These prices are sure to be short lived.