Not much to report from Jim Rogers as I wasn’t able to attend the NYSE Inside Commodities conference. Naturally the message du jour is that commodities are going down. Where was this message before the fall?

Anyway, Jim Rogers still sees things as Asian centered and said as much. Still touting agricultural items and water - guess he agrees with me that people still eat in a recession - he thinks they will become the gold and oil of the future. (Maybe due to the new cars running on water

But apparently there are shortages, as Mr. Rogers showed the audience some sugar packets he had absconded with and was hoping to smuggle them back home to Singapore. Maybe the local Piggly-Wiggly doesn’t have full shelves!

I think caution is in order; trends don’t usually reverse themselves abruptly. Just because CNBC has all of a sudden shunned all commodities and bought the dollar doesn’t mean that you should. Just my 2 cents; take it as such.

For a better handle on macroeconomic conditions, predictions and investment recommendations, I suggest subscribing to the Casey Report; they have an introductory offer that is dirt cheap - less than $10 per month.