Wednesday, December 19, 2012

Gold: 30 Percent Corrections Are Normal Even In Big Bull Markets

"Most things correct 30 percent every year or two, even in big bull markets – 30 percent corrections are normal and yet gold has only done that once in the past 12 years. Gold on any kind of historic market basis is overdue for a nice correction." - in CNBC

Jim Rogers is a bestselling author, financial commentator and successful 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).

JIM ROGERS BLOG