Wednesday, April 17, 2013

Gold: A 30-35 Percent Correction Is Normal In Markets

Jim Rogers : "I have repeatedly babbled about $1200-1300, but that is just because that would be a 30-35% correction which is normal in markets. But I am a hopeless market timer/trader." - in Yahoo Finance

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).