Jim Rogers: Commodities to Surge as Unrest Spreads Read more: Jim Rogers: Commodities to Surge as Unrest Spreads

More social unrest in Egypt and elsewhere is on the way, which is bullish for commodities, says investor guru Jim Rogers.

Currencies, meanwhile, will stay in turmoil, which should also bring out the commodities bulls, Rogers tells CNBC.

"I don't own very many equities," says Rogers, who co-founded the Quantum Fund with billionaire George Soros in the 1970s.

"I don't know what's going to happen but I expect more currencies turmoil, more social unrest, more governments collapsing so I invest more in currencies and commodities than stock," he said.

Food shortages meanwhile will make agricultural commodities rise even more.

"You don't just snap your fingers and have palm oil, all this takes time."

Popular uprisings have toppled governments in Tunisia and Egypt in part due to high food prices. (more)