I think your view has merit. However I’m a believer that three main things will continue to drive commodities…

Worldwide increase in money supply
Asian/India boom
Loss of faith in financial assetts (instability, corruption, etc.)

and I guess I’d throw in the cycles say its time.

and perhaps supply deficits due to them being out of favor for so long and not receiving investments into infrastructure, etc.

I went over three didn’t I?

So to stay on topic I’d say we’re about 60% commodities: futures on grains/gas, physical in gold/silver, as well as stocks on commodity based companies, the rest cash. No real estate. Some shorts on the market.

Oh and on Rogers he has a very long and successful track record with his own money. He also made a very timely prediction on the Argentinian peso before it collapsed for which he was ridiculed until it came true a month later. I don’t know for a fact but I would bet money most of his money is somehow invested in commodities.