Wednesday, December 12, 2012

Gold Up 12 Years In A Row. That Is Extremely Unusual.

I don’t know any asset that’s gone up 12 years without a down year except gold. Gold has had only one decline over 30 percent in those 12 years. That, too, is extremely unusual. - in Index Universe Related: SPDR Gold Trust (ETF) (NYSE: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).