NEW YORK ( ETF Expert) -- Eighteen months ago, Jim Rogers explained that "everybody is having a wonderful time running the printing presses." His answer? Protect yourself by owning real assets.In fact, the popular investing guru has publicly denounced equities for years while simultaneously expressing a preference for precious metals and agricultural commodities. Whenever you listen to Rogers, you may find yourself agreeing with his assessment of world disorder. On the other hand, PowerShares DB Precious Metals ( DBP), PowerShares DB Agriculture ( DBA) as well as the Rogers International Commodity Index Total Return ( RJI) have failed to provide the kind of results that broad-based U.S. stocks have.
What about opportunities in Russia? Unlike Rogers, I have a bit less faith in the stock market of one of the world's largest non-OPEC energy producers. In truth, Market Vectors Russia ( RSX) has had a very difficult time maintaining a long-term-uptrend (200-day). In fact, whether it is RSX or iShares Russia ( ERUS), I'd want to see a definitive bounce higher off the long-term trendline before considering an allocation. (Note: It is worth recognizing, though, that the 200-day slope for RSX recently turned positive.)
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