Oil, Gas Are Investment Opportunities: Jim Rogers

Investment opportunities may open up in the oil and natural gas industries as doubts grow over the safety of nuclear power in Japan, investor Jim Rogers, well known for his bullish stance on commodities, told a newspaper Monday.

Jim Rogers
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Jim Rogers

Japan will need large quantities of copper, steel and cement during its reconstruction so these commodities will also be attractive, he added.

Rogers, who had co-funded the Quantum Fund with George Soros, also told the Shanghai Daily that agriculture is an exciting area for investors for the next 30 years, as inflation is likely to go up across the world.

Food prices are likely to rise not just in China but around the globe, he said.