Jim Rogers on Bloomberg: What Commodity Bubble?

Here’s one of Jim Rogers’ latest interviews with Bloomberg (June 5, 2008). I always smile at these. He seems so annoyed and frustrated at talking with journalists and reporters. It’s as though he feels that it’s all so common sense – of course you should know that bankruptcies are signs of bottoms and that means it’s a good time to be buying into the airline industry!:) Betty gets him riled up about all the usual suspects: the Fed, Bernanke, the banks, what he’s shorting, commodities, food, gold, Soros, oil and more commodities.

“If People are Talking About a Bubble, I’d Like to Know What They’re Talking About… Sugar’s down 80% from its All-time High – What Kind of Bubble is that?”

I’m actually surprised that he does go into so much detail on all the stocks he owns and what he’s short and how much etc. on national broadcast. Betty even asks him if he’s short on Lehman Brothers. Turns out he’s short all of them through his investment bank ETF.