Jim Rogers: Play This Rally With Commodities

CNBC

By: Michelle Fox

The Dow and S&P 500 may have hit their highest levels since 2008 on Tuesday, but Jim Rogers , CEO and Chairman of Rogers Holdings, is still staying away from stocks. Instead, he told “The Kudlow Report” he’s playing the rally with commodities.

MIKE CLARKE | AFP | Getty Images

“You see what’s happening to gold … Oil went down today, yes, but oil’s been going through the roof,” he said. “There are other ways to play. They’re printing a lot of money, Larry. When they print money, you have to protect yourself with real assets in the end.”

Rogers says things are “fine” right now because it’s an election year, not only in the U.S. but around the world, and that means governments are spending and printing money.  It’s the future he’s concerned about.

“Worry about 2013. Be panicked bout 2014,” Rogers said. “But this year a lot of good news is coming out.”... read more.