Potential For Social Unrest With Rising Commodity Prices –Jim Rogers

Rising commodity prices could trigger social unrest in some countries in the future, says noted commodities investor Jim Rogers.

Supplies for many natural resources low and demand for them high, pushing up prices. Most commodities values from corn to copper saw significant rises in 2010 and prices continue to hold solidly.

The last time commodity prices, particularly agricultural prices were strong, was in 2008. There were riots in some countries as some of the poorest people in certain countries were unable to afford basic staples. Prices for raw materials are rising again and if inflation starts to take off that will only stoke the flame, Rogers said.

Source: kitco.com