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Sunday, January 3, 2010

THE HOTTEST COMMODITY OF THE DECADE


Jim Rogers was right.

Early this decade, the former hedge-fund superstar Rogers told anyone who would listen to buy commodities like lead, oil, and copper. He even wrote a book about the big trade, called Hot Commodities.

One of Jim's top commodity picks back then was sugar. He even passed around sugar packets at investment conferences to drive the point home.

As we close out the decade of the "aughts," we see sugar is the top-performing commodity of the last 10 years, up 321%. Demand is growing, and awful growing conditions in major producing countries Brazil and India have driven the sweet stuff to its highest level in over 20 years. Well done, Jim!

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