According to Rogers, commodities such as crude oil and natural gas are essential and will always be in demand, thus contributing to the bullish market.
Jim Rogers said, the crude prices could see a bottom in the short-term, which in turn could galvanize OPEC into taking action because the OPEC have not cut back on their spending and would need to keep the prices up.
Jim Rogers, the chairman of Rogers Holdings, says he expects more turmoil in the global financial markets after several Asian stock markets on Friday fell to four-month lows.
Jim Rogers, CEO and chairman of Rogers Holdings, said he would not buy Facebook as a stock because it would be too expensive.