Was/Is Jim Rogers Right About Commodities?

In 2004 Jim Rogers wrote a book about investing in commodities called Hot Commodities. As I read it, it seemed pretty right on what has happened so far. According to him, we are in for a bull market in commodities until the 201Xs. Many of his calls were great, like gold and oil. Let's see how they stack up:

So far so good.



Now what about other commodities like led he recommended?

Although it was down from it's high, it still has grown since his call on it. What are some others that I personally would invest in? I personally like soft commodities, since precious metals and oil tend to be overbought, and are overvalued (although silver looks like an interesting play). I personally like sugar (although it might continue to drop a bit) and longer term I am bullish on rice. So I think Jim was right on the bull market. As for the next leg, I think it won't be left to the metals that will carry it, but the soft commodities. Just remember to only invest what you can loose, and consider practicing on the CBOE Virtual Trade Simulator . I am playing with it as we speak. Also consider options on futures, which only limits your liability to the upside from where you buy in at (the only problem is that with a sleepy commodity, there is not enough momentum to make the premium on the option worth while).