Need to own real assets in India: Jim Rogers
ET Now: You have said you are negative India because of a host of reasons. We have corrected a bit today. How much further do you think the Indian equity markets can slide down?
Jim Rogers: I am not very good at market timing or short term trading. I expect India to have serious problems. Much of the world is going to have serious problems. India, Indonesia, Turkey - you are not the only one. I am not picking on you, but your politicians and other politicians have made terrible mistakes and now we are going to have to pay the price.
ET Now: With gold prices soaring to the levels of 32600, what are the commodities that you are currently betting on?