No one really knows where this current commodities boom is or...

No one really knows where this current commodities boom is or how long it will last. This interview last year with the Wall St legend, Jim Rogers, may give us a good insight. He's been around long enough to see the boom and bust cycles of resources and though I don't agree with his timeline, he does make some very interesting points. When you put this interview into perspective with where AGM is, AGM's a no brainer!

The full interview can be found here:

http://emagazine.credit-suisse.com/app/article/index.cfm?fuseaction=OpenArticle&aoid=155511&coid=91&lang=EN

A small excerpt from the interview:

"How long will this commodities bull market last?
This is not a prediction, but if history is a guide, this commodities bull market will last anywhere from 2014 to 2022. Bull markets last a long time because it takes a long time to bring new supply to market. If you and I, for example, decide to go into the lead business, we have to find a lead deposit. If we find one, we have to raise money to build the mine. Then we have to deal with unions, environmentalists, the government, etc. And we have to build a smelter. It will take years until we get this lead mine running. In the meantime, other lead mines are depleting and everyone is coming to understand that lead mines are good business, and they will all want to get one on stream by 2017. By then, other people will be saying that lead is too expensive and they will find other ways to do things. This will result in a glut of lead, and it will take 18 years on average for that glut to wear out, for the mines to start depleting and for people to start using lead again. And then, of course, you would have another bull market in lead by 2036."