Tuesday, December 20, 2011

Jim Rogers: North and South Korea may Merge Within 5 Years

Following the death of Kim Jong-il this week, Jim Rogers was asked his views on North Korea and South Korea. He expects them to merge within 5 years in what would make a strong Korea with cheap labor and natural resources in the North and good management in the South.

You can invest in South Korea via iShares MSCI South Korea Index (EWY) or IQ South Korea Small Cap ETF (SKOR). There is currently no easy to invest directly in North Korea, especially due to US restrictions on North Korea.

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