Rogers Holdings Thinks Agriculture Has To Go Higher

Jim Rogers of Rogers Holdings, said on CNBC's Final Trade that agriculture commodities are very depressed and far from their historical highs, and he thinks that if economy starts to recover these commodities will lead. He added that agriculture fundamentals are good because we are having shortages of farms and supplies. Jim Rogers expects inflation to kick in and dollar to weaken and the way to earn on this is by buying commodity indexes, says Rogers.

Jim Rogers currently owns gold and although he thinks that gold is going much higher over next decade he is not adding to his positions because it is not wise, in his opinion, to buy anything that is at its all time high.

Rogers also explained how to buy agriculture commodities. Besides, buying indexes, you can also buy Commodity ETF's. If you like what Mr. Rogers said you can look at PowerShares DB Com Index Tracking Fund(ETF)(NYSE: DBC) that gained 0.14% today or PowerShares DB Agriculture Fund (NYSE: DBA) that was a little bit better today. It gained 0.52%.