He is very entertaining. I note for all those who say hedge funds don't look at charts or do T/A. I refer people to about 1 minute and 50 seconds of that video. He said oil had a dead cat bounce and is now testing a second test of the bottom. That is basic T/A.
Roger's book, Hot Commodities, was published in late 2004. Check a monthly chart of Open Interest in oil futures and post back with your observation. Don't forgot the "lol" with your next post.
Volatility in oil prices increased dramatically hence the increase in open interest (increased speculation and hedging). Nothing to do with Jim Rogers. I'm sure he would be amused at the thought that he made oil prices jump around by writing a book. Lol. edit: sorry, forgot the 'lol'
That's a fair counterpoint. Whether the increased volume caused the runup in prices or the other way around is open for interpretation.
Your right and in the agriculture sector Rogers definitely influenced it with his ETN and constant promotion of agriculture in the media; if you look at the largest agriculture ETF's many came post "Hot Commodities," for example the DBA ETF had an inception date of 2007.