For most of the past 20 years, governments have been selling gold. But in the last year or so, they have realised that prices have risen a lot. Governments should become net buyers of gold as they see what I see—paper money being debased, currency problems and inflation. Many countries, including India, have started buying gold. India did a good job by buying gold. - Jim Rogers in money.outlookindia.com
Jim Rogers is a bestselling author, financial commentator and sucessful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).
