Jim Rogers is not the only one keen to commodities. Wilbur Ross, a.k.a. the "Commodity King," agrees the bull market is in "stuff":

Ross's investing theory is that trade liberalization will lead to rising living standards in the developing world--and increased demand for commodities. "Hard metals, energy sources, and things of that sort are all going to be very much in demand for quite some time," he says. "Those are industries that have historically not attracted that much capital, haven't been that appealing to hotshot managers, and tend to be very fragmented. For people like us, those are very exciting characteristics."

"I think China is the most amazing industrial revolution the world has ever seen," he says. "We're at the very early stages of China's expansion." With its insatiable demand for coal and steel, as well as its massive pool of textile workers and consumers, China figures prominently in his investment strategies.