Wednesday, December 19, 2012

Gold: Just Be Careful, There Are Too Many Bulls

"Just be careful, there're too many bulls, including me, but I'm very cautious. Gold is having a correction— it's been correcting for 15-16 months now— which is normal in my view, and it's possible that the correction is going to continue for a while longer." - in CNBC Related: SPDR Gold Trust ETF (GLD)

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).