Jim Rogers: I don’t think we’ve hit the bottom

by Mac Slavo | Apr 3, 2009 | Commodities, Jim Rogers

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 Jim Rogers appears on CNBC to discuss current market conditions on April 1, 2009.

It’s very powerful [market rally]. It looks as though it’s the kind of thing that might go on for a while. I am not participating. I think that maybe we have seen a bottom, but I don’t think it will be the bottom. So, I am mainly sitting and watching.

The only things that I have been buying is more commodities because if we have hit bottom commodities will lead the way out and if we haven’t they’re not going to go down as much.

Watch Jim Rogers on CNBC April 1, 2009:

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